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Kucoin, bullrun and a dead dream

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by COINS NEWS 43 Views

They say sanctions doesn't hurt ordinary folks. They are wrong. Dead wrong. Almost as dead as my dreams.

Kucoin was the last big exchange still accepting customers from Iran. And as an Iranian I used it to enter this market back in 2020. And now I cannot "deposit" without going through KYC which means I am effectively barred from investing. Funny how kucoin's new policy would affect Iranians almost as much as US citizens which I found kind of Ironic.

My first challenge will be finding another decent exchange, a Dex this time. One without KYC. My more pressing challenge would be doing so before the start of the next bullrun. And hope future exchange offers as many tokens and coins as kucoin does.

If crypto was supposed to give us anonymity and total privacy while investing and without the usual challenges and limits of the current financial system, I think it is safe to say that it failed. It is just a few steps away from becoming WS.2 And then, the question will arise as to why bother? If crypto is gonna have every shitty thing the stocks market has and then some, what is the point.

submitted by /u/Successful_Craft3076
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