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RE: The World of Cryptocurrency - Bitcoin is Gaining Ground

in #bitcoin7 years ago

i know what all countries thing about bitcoin, they take bitcoin as a risky thing for their economy , it may reduce economic growth , lots of fraud ico and scam sites , anoymity of the users while transacting bitcoins , illegal activities and transaction via bitcoin , there are the major issues according to all countries(except some countries) .

According to my opinion, there must be a new technology implemented , which is, on transaction id there should be shown two identities of receiver and sender , there must be shown receiver's and sender's details(their name their address exactly on the kyc documents)

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That's a very good proposal to prevent illegal transactions and we can identify directly who's the who in the platform. Currently, there are thousands of ICO sprouting all over the web and its very difficult to identify which is the real & the scam. For now, all we do is thorough research and look for the real jewel among the thorns :)

uniquely true, this will create certain security and filtration. And in occasion of suspicious ICO's, their quantity grows every day and it scares me