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>Luna's downfall and Do Kwon's pending red notice have nothing to do with KYC or AML. I disagree here. The 'killer app' feature of crypto is that it's basical
by notch656a 4y ago
>Luna's downfall and Do Kwon's pending red notice have nothing to do with KYC or AML.
I disagree here. The 'killer app' feature of crypto is that it's basically imperfect banking without KYC/AML. Without crypto's popularity it's doubtful Do Kwon and Luna would have gotten such a foothold.
- JumpCrisscross 4y ago> [crypto is] basically imperfect banking without KYC/AML Pretty solid case for why these folks should go to jail. Or at the very least, be disgorged of their gains and banned from finance.