3 ms·
> Anonymity? People are unsurprisingly very in favor of KYC so we can apply anti–money laundering and terrorism laws. That's true until KYC starts being use fo
by anamax 5y ago
> Anonymity? People are unsurprisingly very in favor of KYC so we can apply anti–money laundering and terrorism laws.
That's true until KYC starts being use for "social credit" purposes.
Yes, money-laundering and terrorism are important but human nature being what it is, govts can't resist the temptation. In fact, one might reasonably argue that temptation is the point for folks who get into govt.
See also child-porn and drugs.