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Wow, okay, so pawn shops too I guess: https://news.ycombinator.com/item?id=20602562 https://news.ycombinator.com/item?id=20602562 If reporting is already requi
by jl2718 6y ago
Wow, okay, so pawn shops too I guess: https://news.ycombinator.com/item?id=20602562 https://news.ycombinator.com/item?id=20602562
If reporting is already required for all cash transactions, then certainly it will be built into the digital USD.
And Monero miners would have a problem here too. KYC required on every transaction in every block.
Okay, so, what if you did KYC on all the inputs, but you ran a mixer such that the outputs would be obfuscated? Is that legal? What if you take outputs from a set of those mixers? Is there any legal way to provide irreversible privacy for known legal sources?