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It’s not reasonable. The government should not be snooping into people’s financial accounts anymore than they should be snooping into people’s private homes or
by dcolkitt 5y ago
It’s not reasonable. The government should not be snooping into people’s financial accounts anymore than they should be snooping into people’s private homes or email inbox.
It astounds me how even principled civil libertarians wholesale accept an Orwellian level of surveillance on anything related to money. The Founding Fathers would have all revolted at anything even resembling modern KYC/AML law.
- verdverm 5y agoKYC does not give the gov't your transaction history, it simply means that your financial institution needs to verify your identity. It is part of an overall strategy to reduce the amount of damage malevolent actors can create. You might try reading the Federalist Papers before making claims about the founding fathers. Again, it is not surveillance by government anyhow.