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This large donation really changes the dynamics of KYC laws. It’s absurd we don’t dissolve our legal system so transactions like this can happen on occasion.

• heavenlyblue 4y ago
  There was recently a post about the amount of fraud that is acceptable for payment processors. For example in that case, a certain amount of fraud is acceptable because without it the payment procedures would never be at the exact equilibrium between discomfort and fraud percentage. In such a scenario we try to enforce so KYC so much that we competely disregard the good that lack of KYC could do for us. What if this is drug money being used for actual good things? In some ways you couod say that the system is working: sometimes ignoring the law brings good to the society. I am bringing here the same argument that would be used towards never prosecuting people for crimes that were discovered when someone has already reported a crime: i.e. if someone submits a DNA sample due to being raped can not be prosecuted for petty crime that was discovered due to it as that would make people in that situation do even more crime.
  • jack_pp 4y ago
    As others pointed out if this is allowed then OS projects will start to be used for money laundering and that's probably bad for open source
• jjtheblunt 4y ago
  Didn't the legal system arise from anarchy where transactions like this were the norm, hundreds to thousands of years ago?