BAD NEWS For Uniswap! What You NEED To Know

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  • Опубліковано 19 жов 2023
  • It's happening: Uniswap is set to implement KYC! Tune in to our latest video to find out who will be impacted, how to avoid it, and what you need to know to take part in it. Don't forget to like and subscribe to stay up-to-date!
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КОМЕНТАРІ • 221

  • @thestonemaster81
    @thestonemaster81 7 місяців тому +39

    I totally agree with her. This whole KYC sounds and smells of government control over your own privacy.

    • @jecrpalier
      @jecrpalier 7 місяців тому +1

      That would
      Allow exploits directly into your wallet.

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому +1

      As long as there is some pattern of increasing privacy people will pay less and less taxes and this increases the burden for those willing to report their crypto holdings and profits.
      The only way decentralized finance and monero and other privacy coins make sense along with using the lightning Network and mixers would be for those avoiding taxes, as far as the IRS thinking goes.
      How much should we really honor the honor system?
      I'm pretty sure there is still an outstanding bounty from the IRS of over $600,000 for anybody that can crack the monero code, and for other privacy coins... Including the lightning Network...

    • @nofood1
      @nofood1 7 місяців тому +1

      sounds?

    • @jeremyolson2596
      @jeremyolson2596 7 місяців тому

      You know it is

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому

      @@jeremyolson2596
      Are you or have you ever been a member of the Communist party 🧐

  • @bruceleroy1683
    @bruceleroy1683 7 місяців тому +20

    The people who kyc on uniswap are the same people who have 7 boosters.

    • @noself22
      @noself22 7 місяців тому +4

      Hahaha yep. But also not, coz those dumb enough to have 7boosters are not smart enough to engage with crypto.

    • @barockltd
      @barockltd 7 місяців тому

      Well said!

  • @eddiebeer4516
    @eddiebeer4516 7 місяців тому +18

    Massive thumbs up Heidi and Toby! Keep up the good fight, and more power to you!

  • @TexLogan-du2yi
    @TexLogan-du2yi 7 місяців тому +18

    I sold my UNI tokens a while back because it just doesn't seem to find much support. Now I'm glad I sold. UNI holders should sue Uniswap Labs for breach of contract.

  • @theSDkid55
    @theSDkid55 7 місяців тому +3

    Love the updates! Keep 'em coming. :)

  • @danielceja3729
    @danielceja3729 7 місяців тому +14

    Monero be treating regulators like Big Worm from Friday looking down from the ice cream truck. ""WHAT THE F*CK THAT GOT TO DO WITH ME?"" 😂

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому

      I'm pretty sure there is still an outstanding bounty from the IRS of over $600,000 for anybody that can crack the monero code, and for other privacy coins... Including the lightning Network...

    • @MrMonero
      @MrMonero 7 місяців тому +2

      I have been spreading the good word of Monero for many years. Now the world will finally (hopefully) begin to understand why lol 😆

    • @icanseaclearnow
      @icanseaclearnow 7 місяців тому

      “where my chili cheese fritos?”, Worm, “thats my money now!”, kid, “Mamaaaa!”

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому +1

      @@MrMonero
      John MacAfee is proud of you son 😘

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому

      @@icanseaclearnow
      Can't quite figure out how you got 11 thumbs up 🤔 would you mind elaborating with normal speech patterns, translate for some of us

  • @metalgirl
    @metalgirl 7 місяців тому +1

    Yeahhhhh!!! Thx Heidi! Always good info!! 🎉

  • @metamarvel7499
    @metamarvel7499 7 місяців тому +7

    Very concerning, Uniswap is the largest defi platform if my memory serves. Any protocol that wants to call itself "decentralized" MUST NOT be controlled by the government in any way.

  • @NeuroPulse
    @NeuroPulse 7 місяців тому +4

    That's very generous of you Heidi. For me, if anyone wants KYC they can talk to the hand.

  • @nate420z
    @nate420z 7 місяців тому +11

    V4 allows for anything to be built on it. A hook is an optional component.
    Kyc is a function that can be added but as a developer I do not have to include it in the code

    • @CryptoTips
      @CryptoTips  7 місяців тому +2

      What do you think about this invitation of KYC on DEXs? A slippery slope or nothing burger?

    • @jecrpalier
      @jecrpalier 7 місяців тому

      @@CryptoTipsthat’s how hackers get control of your wallet through an nft. It’s a marker.

    • @alexalexander3140
      @alexalexander3140 7 місяців тому

      So will you be able to continue using uniswap without kyc after version 4 comes out?

    • @CryptoTips
      @CryptoTips  7 місяців тому +1

      Sure, if the LP you want to use doesn’t require it

  • @JohnonUtube68
    @JohnonUtube68 7 місяців тому +1

    Yep. Thanks Heidi.

  • @karendale7537
    @karendale7537 7 місяців тому +1

    thanks heidi great info

  • @vinodkumardas5448
    @vinodkumardas5448 7 місяців тому +1

    Very True....and Frank..... Thanks ❤

  • @Deecat88
    @Deecat88 7 місяців тому +1

    This all used to sound like gibberish to me but thanks to your crystal clear explanations I am starting to get this! They’re coming for our privacy and they won’t stop at that.

  • @DanSmithBK
    @DanSmithBK 7 місяців тому +8

    The ecosystem shilled by YourFriendSommi, whose quote you used, is heading harder to DeFi than anything else I’ve seen so far. Worth listening to some of his streams....

  • @user-vw8ub8ju3c
    @user-vw8ub8ju3c 7 місяців тому +3

    As per Uniswap discord, one community member made a v4 hook that does KYC. It is not done by Uniswap labs

  • @malik9701
    @malik9701 7 місяців тому +2

    Richard heart pulse chain is real defi

  • @scotth5237
    @scotth5237 7 місяців тому +1

    You have been the most useful patreon sight I've ever subscribed to. Pretty much ditched everyone else will be moving over to your new site

    • @CryptoTips
      @CryptoTips  7 місяців тому

      Really glad you value what we do!

  • @cedricdesmarais1418
    @cedricdesmarais1418 7 місяців тому +3

    "If you have nothing to hide, why bother with KYC? Mr. Criminal?" That is the exact same argument police officers tell you to make you comply in searching your home/car, violate privacy and your rights.

  • @totoroutes5389
    @totoroutes5389 7 місяців тому +1

    Which other dex s without kyc would you use?

  • @crashandedy
    @crashandedy 7 місяців тому +2

    shocker - always been centralized, anything ETH is. ETH is owned by JPM, dyor...

  • @vlogginggamingandcoding
    @vlogginggamingandcoding 7 місяців тому

    It would be difficult to make a fully decentralized app practical because who else is gonna push updates to it except some centralized party. Ofc if someone wanted to copy Uniswap and make a small change that no account could make changes to the contract then we would have fully decentralized Uniswap. And no one would need to know who deployed it.

  • @Newclear3386
    @Newclear3386 7 місяців тому +1

    Pulse Pdai

  • @gilbertgrejp
    @gilbertgrejp 7 місяців тому +2

    Heidi knows everything.

  • @isa-lb4cm
    @isa-lb4cm 7 місяців тому

    Will this somehow affect those who make meme-tokens or buy them?

  • @JediRastafari
    @JediRastafari 7 місяців тому +2

    I'm going to uni-swap myself onto another exchange.
    What a shame that Uniswap has given in to the demands of The Man.
    Prime example of having a great thing and throwing it down the toilet.

  • @tylerjodeblock1224
    @tylerjodeblock1224 7 місяців тому +4

    Never WAS "decentralized" now was it

  • @scoolro
    @scoolro 2 місяці тому

    On 3:13 minutes there is no link for your friend sunny? Can you send the link?

  • @gordonmichaels600
    @gordonmichaels600 7 місяців тому +1

    How do you and Toby go from crypto to fiat in a decentralized manner?

  • @sirultra2024
    @sirultra2024 7 місяців тому

    Thank you for the updates. We were given early notice, so already decided to discontinue using Uniswap Instead, I'll focus solely on adding Bitcoin.

    • @davycrockett8886
      @davycrockett8886 7 місяців тому

      Bitcoin is owned by China or the Chinese. The mining itself and the essential hardware companies.

  • @el1e869
    @el1e869 6 місяців тому

    I’m the us, specifically NYC. How do invest in the cryptos that I want to. Pls help

  • @PetalynSwartHeartFueled
    @PetalynSwartHeartFueled 7 місяців тому +2

    Do you also focus on exchanges in the US or are we 💩 out of luck?

    • @CryptoTips
      @CryptoTips  7 місяців тому

      Those are guaranteed KYC since 2016 lol

  • @ricardomaior4396
    @ricardomaior4396 7 місяців тому

    What's your toughts on thorchain?

  • @richardp7057
    @richardp7057 7 місяців тому +4

    Pulsex

  • @noself22
    @noself22 7 місяців тому +1

    Had to KYC just claim my tezos tokens from the ico ...never again!

  • @NWforager
    @NWforager 7 місяців тому +4

    how about zero knowledge proofs ?

  • @FesteringRatSub
    @FesteringRatSub 7 місяців тому

    I agree with you 100% on KY.

  • @Fletchersfletch
    @Fletchersfletch 7 місяців тому +2

    DERO is decentralized and "truly" private 😌

  • @chibuzorifediorah5045
    @chibuzorifediorah5045 7 місяців тому

    There's no second best

  • @danielg2946
    @danielg2946 7 місяців тому

    I am not suprused about the KYC implementation.
    You used to be able to access Binance with little more than an email address.

  • @MrArtemskr
    @MrArtemskr 7 місяців тому +1

    Luckily there are many other exchanges out there. Uniswap market share will just start slowly shrinking. And they deserve it.

  • @GBLahLah
    @GBLahLah 7 місяців тому +4

    I moved from uniswap to pulse chain X

    • @SAMMYJR00777
      @SAMMYJR00777 7 місяців тому +2

      yup same

    • @TheOcean777
      @TheOcean777 7 місяців тому

      Does Pulsechain have the micro cap tokens which Uniswap has (the only DeFi exchange to have them, according to CoinGecko and Coinmarketcap)? For example, BAZED, ATOR, 0X0 tokens?
      Appreciate info since Uniswap is the only DeFi exchange I’ve used so far

  • @bradperry8571
    @bradperry8571 7 місяців тому

    I’ll be using the 9INCH Dex that should be launching this week. Maybe you can tell use what you think? Thanks for all that you guys do.

  • @karriemsharief
    @karriemsharief 7 місяців тому +4

    How can you be happy about Black Rock being in Crypto and have a problem with KYC. You think the serious investors are going to come in this space under these current scam conditions?

    • @dialecticalmonist3405
      @dialecticalmonist3405 7 місяців тому

      Black Rock investing in crypto is not fundamentally altering crypto at the technical level.
      KYC is.

    • @karriemsharief
      @karriemsharief 7 місяців тому

      @@dialecticalmonist3405 The KYC is being implemented because of institutional money coming in.

  • @hughmaitri5367
    @hughmaitri5367 7 місяців тому

    Get those fluffy slippers on and sit up,back straight. Sommi. Luv him

  • @user-zz1df5ol9u
    @user-zz1df5ol9u 7 місяців тому

    Good yes I do I am very

  • @davycrockett8886
    @davycrockett8886 7 місяців тому

    So, we just use V3 and another front end?

    • @CryptoTips
      @CryptoTips  7 місяців тому +1

      Again, it’s opt in at this moment, but it could be setting a precedent for regulators to try and enforce for all DeFi/DEXs.

  • @Maguirerichardson
    @Maguirerichardson 7 місяців тому +1

    KYC = Know Your Customer FYI

  • @billfrenger8955
    @billfrenger8955 7 місяців тому +1

    Thank you Heidi. I am a CT club member on Patreon. I am planning to move over to learningcrypto. Do I need to cancel my Patreon membership?

  • @UPEASTHAITIANZ
    @UPEASTHAITIANZ Місяць тому +1

    What a beautiful tan america super top model. 🙂

  • @user-ms5ne6zv3o
    @user-ms5ne6zv3o 7 місяців тому +1

    So would you personally sell your Uniswap

    • @CryptoTips
      @CryptoTips  7 місяців тому

      We’re not holding any UNI

  • @thinkofwhy
    @thinkofwhy 7 місяців тому +1

    KYC is centralized, therefore it invalidates defi.

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому

      The central authorities are coming for your DNA... They want to scan your eyes...

  • @justinlegault9684
    @justinlegault9684 7 місяців тому +1

    Seems like Uniswap is gearing up to become a public company some day.

  • @eXoRt0
    @eXoRt0 7 місяців тому +1

    Ignore DERO at your own risks.

  • @CryptoChef99
    @CryptoChef99 7 місяців тому

    There's gonna come a time where every place that we can trade on turns to KYC. You're right, nothing is a true definition of a Dex.

  • @tonnypedersen5915
    @tonnypedersen5915 7 місяців тому

    sounds like uniswap are making room for a competitor to come in and take some marked share.

  • @ElephantPara
    @ElephantPara 5 місяців тому

    🙏🙏🙏🙏🙏🙏

  • @_My.Name.Is.What_
    @_My.Name.Is.What_ 7 місяців тому +1

    Fuck.. i've just filled my bag today 🤦🏻‍♂️

  • @cape_seal1066
    @cape_seal1066 7 місяців тому

    👍 ❤.

  • @zafirchorbeski9841
    @zafirchorbeski9841 6 місяців тому

    Ccc yet UNI pumping 30% today

  • @ogborg9479
    @ogborg9479 7 місяців тому

    so that was that with UNISWAP , neeeeeexxxtttt

  • @HexicanMichelle
    @HexicanMichelle 7 місяців тому +2

    Your friend Sommi ❤🧡💛💚💙

  • @wookinc9952
    @wookinc9952 7 місяців тому

    Heidi big mad!

  • @michaelpouchert4486
    @michaelpouchert4486 7 місяців тому +1

    It doesn't matter, You will need a digital ID to interact whatsoever with the blockchain soon.

    • @scotth5237
      @scotth5237 7 місяців тому

      Been listening to Dick Algire?

  • @thedrifter2959
    @thedrifter2959 7 місяців тому +3

    KYC is the ultimate tool to hack personal information.

    • @eddiebeer4516
      @eddiebeer4516 7 місяців тому

      Along with many others, like face recognition on your smart phone.

  • @footymcfootyface4311
    @footymcfootyface4311 7 місяців тому +1

    KYC is not that bad. Colonel Sanders makes some tasty chicken 😊

    • @myscreen2urs
      @myscreen2urs 7 місяців тому

      Kentucky yikes chicken? 😳 Nah, I'll pass 🙃

  • @gilbertgrejp
    @gilbertgrejp 7 місяців тому +1

    0x0 fixes this

  • @lachlanmcintosh5055
    @lachlanmcintosh5055 7 місяців тому +1

    I mean really? Wow

  • @gregthomas2448
    @gregthomas2448 7 місяців тому

    CZ just made the news. Bankman-Fried paid CZ 1.2 billion in customer money for buyout. Will CZ pay it back ?

    • @cfcf6216
      @cfcf6216 7 місяців тому +1

      Also he paid Kevin O'leary and politicians.
      Did anyone return so far?

    • @gregthomas2448
      @gregthomas2448 7 місяців тому

      @@cfcf6216It’s money 💰 so probably not.

  • @oliverli9630
    @oliverli9630 7 місяців тому +1

    maybe some people can hard fork it and remove the KYC and steal Uniswap team's fame, protocols like Retro

  • @mickeydrago9401
    @mickeydrago9401 7 місяців тому

    Lets not be childish or naive about this. Any gap in the system that demonstrates a loss of control, which in the case of taxation could mean parts of the blockchain, they will attempt infiltration, manipulation and I believe the reason over 80,000 more IRS employees was called for in a bill is largely some effect and spillover from crypto.
    Many of them will be chain analysts. The IRS doesn't really want cash 2.0 (decentralized blockchain freedom) or you could even say gold 2.0 after FDR stole it from America.
    I don't think we can use privacy as an excuse to avoid paying taxes. That will be the main argument
    The more people use crypto to avoid paying taxes the more it will have the reputation of being an avenue of criminality and theft and the more honest people will have to pay in taxes to make up for the crypto people

  • @inpersonaDK
    @inpersonaDK 7 місяців тому +1

    Thx Heidi & Toby. Freedom fighter from the Government overlords

  • @EmanuelMonte99
    @EmanuelMonte99 7 місяців тому

    Hi Hidi i receive new mail from FTX which I can remove my coins from FTX protal 😮 is it ture???

  • @transformativeexperiences
    @transformativeexperiences 7 місяців тому +1

    It will come for everything and all crypto... Get over it

  • @tigerpark135
    @tigerpark135 7 місяців тому

    Uniswap was nothing before HEX put them on the map. 100% truth!

  • @Omnicatvsbinanceomni
    @Omnicatvsbinanceomni 7 місяців тому +1

    R we in a ba world Everytime ba news come for crypto corency market

  • @shammuk02
    @shammuk02 7 місяців тому +2

    Well there is no such thing as DeFi as long as u wanna do business in the US

    • @jecrpalier
      @jecrpalier 7 місяців тому

      Should just call it digital tradfi. Nothing but scammy to pick your own winners.

  • @phlezktravels
    @phlezktravels 7 місяців тому +1

    I wish you'd share the DEX info without making us sign up for your course.

    • @CryptoTips
      @CryptoTips  7 місяців тому

      I said I’d be posting it in a video next week, not in a course

  • @vpnconsult
    @vpnconsult 7 місяців тому +1

    Who will fork this ?

  • @dynamicentry8321
    @dynamicentry8321 7 місяців тому

    Shall I sell my Uni bags?

    • @CryptoTips
      @CryptoTips  7 місяців тому

      This instance has proven that the DAO and UNI holders really aren't respected by Uniswap labs.

    • @dynamicentry8321
      @dynamicentry8321 7 місяців тому

      Thanks, loved Uniswap when it first came out. As usual Devs always get greedy.

  • @kevinpeterson7834
    @kevinpeterson7834 7 місяців тому

    You have not looked at Pulsechain.

  • @floramerano6293
    @floramerano6293 7 місяців тому

    I was about to invest in this UNI token but now, I won't. Just no! I'll just put that on MATIC or ARB or something.

  • @Ray-ld3mt
    @Ray-ld3mt 7 місяців тому +1

    I don't use Uniswap and I don't intend to.

  • @StanwoodSpartans
    @StanwoodSpartans 7 місяців тому +1

    Short UNI

  • @joshuacarrero7531
    @joshuacarrero7531 7 місяців тому +1

    In my opinion were going into the disbelief stage for crypto currency now Miss.👍🥂

  • @mastalee1776
    @mastalee1776 7 місяців тому

    Anyone who thought crypto was going to be fully decentralized is living in a fantasy world

    • @mickeydrago9401
      @mickeydrago9401 7 місяців тому

      Do you think Bitcoin is decentralized?

  • @chrishayes8012
    @chrishayes8012 7 місяців тому

    There are still only 3 rules of Bitcoin ♥♥♥

  • @charlespatterson8412
    @charlespatterson8412 7 місяців тому +1

    KYC ManChicken!

  • @bobsmith2338
    @bobsmith2338 7 місяців тому +1

    BREAKING: Grayscale has filed a new application to sec for spot etf on NYSE: ARCA, approval (strong rumours) expected within 1 week! Lets get this party started! 👍😎😁🔥

    • @santiagoferrari1973
      @santiagoferrari1973 7 місяців тому

      Spot what? Btc?

    • @bobsmith2338
      @bobsmith2338 7 місяців тому +1

      That's a spot BTC etf for those who have been livin in a cave!👍😁😎

    • @bobsmith2338
      @bobsmith2338 7 місяців тому

      @@santiagoferrari1973 Yes

  • @noself22
    @noself22 7 місяців тому

    Ikr. Whats the go with THETA claiming to be decentralized ..even thier patents are decentralized?!!
    hahaha

  • @bobsun90
    @bobsun90 7 місяців тому +3

    Pulsechain solves that 😊

  • @misterbig7874
    @misterbig7874 7 місяців тому

    De-Fi platforms should just ban the U.S. We can still get through using the Tor browser.

  • @2ferone86
    @2ferone86 7 місяців тому

    UNI going kyc means lps will start claiming impermanent loss 😂 could use another dex to short uniswap but probably won't 🍿

  • @cryptoloverscryptoaddicts1483
    @cryptoloverscryptoaddicts1483 6 місяців тому

    so sad govt get ting there hooks in little by little.

  • @casey.m
    @casey.m 7 місяців тому

    I guess what we need are more middlemen in crypto so that eventually it will cost 10% to send your BTC from one wallet to another and take 5 working days to do it. THEN we can be KYCed and government approved like it is supposed to be 😂

  • @alexsmith95
    @alexsmith95 7 місяців тому

    Simpleswap

  • @mikhelBrown
    @mikhelBrown 7 місяців тому +1

    *Uniswap is Done.* 💯

  • @freebitcoingiveaway119
    @freebitcoingiveaway119 7 місяців тому +1

    told yaaaaaaaaaal a million times... you want cryto adoption... NO KYC NO GO... i only invest in the ceo that understands this point as they will rise when your shit DAOs die off.

  • @trenton1190
    @trenton1190 7 місяців тому

    No such thing as a decentralized exchange, unfortunately.

    • @trenton1190
      @trenton1190 7 місяців тому

      @@crossslash9528 Give me more details. For instance how is it hosted? What if the government tells internet hosts to blacklist that IP? I'm not an expert in that field, just genuinely curious.

  • @DavidLawrenceDaley
    @DavidLawrenceDaley 7 місяців тому +1

    It just proves that all the shit coins are DINO