but it would be better without so much KYC control or to seek alternatives, because I am not interested in having the tax authorities stick their dirty noses into cryptocurrencies since normal people escape from them
Binance Academy
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What is the KYC (Know Your Customer) process?
TL;DR - SUMMARY
Know Your Customer (KYC) checks force financial service providers to identify and verify their customers. This is carried out as part of its anti-money laundering/combating the financing of terrorism (AML/CFT) compliance efforts to combat financial crimes and ensure due diligence with customers.
KYC processes proactively combat criminal activities by collecting and verifying customer information. These controls increase confidence in the industry and help financial service providers manage their risks. KYC processes have become commonplace on cryptocurrency exchanges. However, some critics consider that they eliminate the anonymity and decentralization aspects that have made crypto famous.
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I am a dolphin so, I will have to see the final result
Pi Network LATAM
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"By owning more than 10 Pi, you will be in the top 20% of the richest Pioneers in the Pi realm."
According to the latest data from Explorepi.info. Of the total of 8,523,698 wallets with Pi:
- There are 5,469,723 wallets with 0 -> 1 Pi (representing 64.173453%) - There are 1,423,957 wallets with 1 -> 10 Pi (representing 16.71%) - There are 784,845 wallets with 10 -> 100 Pi (representing 9.2%) - There are 528,600 wallets with 100 -> 500 Pi (representing 6.2%) - There are 170,568 wallets with 500 -> 1,000 Pi (representing 2%) - There are 133,589 wallets with 1,000 -> 5,000 Pi (representing 1.57%) - There are 5,911 wallets with from 5,000 -> 10,000 Pi (representing 0.07%) - There are 6206 wallets with from 10,000 -> 100,000 Pi (representing 0.073%) - There are 295 wallets with from 100,000 -> 1,000,000 Pi (representing 0.0035%) - There are 4 wallets with more than 1,000,000 (representing 0.000047%)
Of the total of more than 8.5 million wallets receiving Pi, only 1,630,018 wallets have more than 10 Pi (equivalent to 19.12%).
PCT can apply the 80/20 rule to pay out Pi until all 65 billion Pi is allocated to the community. Therefore, according to the Pareto 80/20 rule, all Pioneers with more than 10 Pi will be in the top 20% of the richest Pioneers in the Pi realm.
The world's population is currently 8.2 billion people, 60 million Pioneers equals only 0.73% of the world's population. According to the principle that the richest 1% of the world's people have greater total assets than the remaining 99%, all 60 million Pioneers will be in the small group of 1% of the human world's wealth.
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Additional data: According to Explorepi, more than 288 million Pi may have been lost (lock expired, unlocked for more than 1 year but Pi was not unlocked/moved to wallet). The number lost could be much higher (estimated at over 500 million Pi) because there are also many unlocked Pioneers who successfully moved Pi to their wallet, but lost the wallet passphrase (Passphare). 💥 Brothers and sisters, where are we at the top 🤭! #pi