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When you put in KYC/AML in place, you lose ability to employ people in restricted countries easily. How do you employ someone in Iran if the US government or Ir
by jiriknesl 5y ago
When you put in KYC/AML in place, you lose ability to employ people in restricted countries easily. How do you employ someone in Iran if the US government or Iranian government is against? Bypassing regulations is a great perk.
- Nursie 5y agoSome folks would say that restricting such arrangements would be a good outcome. > Bypassing regulations is a great perk. For illegal arrangements, sure. You may think your government shouldn't inflict such restrictions, but empowering everyone to just ignore them is unlikely to lead to good outcomes.
- jiriknesl 5y agoIf a developer in Iran wants to work with a company in the US and they are prevented in doing so, it might be illegal, but it is ethical to bypass such a regulation.
- Nursie 5y agoWhy is it ethical? What if inflows of cryptocurrency to Iran are used to further a radical clerical agenda and foment war, torture and mass disruption?
- jiriknesl 5y agoIt depends on how you define ethics. I am for example deongological rational egoist. I can decide for myself if my acts of sending money to Iran are ethical. In my case, I send them to people who are aginst the regime, don't torture anyone and are secular. So I exchange good work of good people for value they otherwise couldn't get. This is what matters. Voters', politicians' ideas and opinions, etc. does not.