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I think KYC can't ever be honest because at its very foundational core it is the idea that you've let yourself willingly be deputized by the government to spy o
by NoMoreNicksLeft 3y ago
I think KYC can't ever be honest because at its very foundational core it is the idea that you've let yourself willingly be deputized by the government to spy on those customers without a valid search warrant.
To spy on them and report them for non-crimes, and to deny them services because the specific numbers are above arbitrary thresholds, at arbitrary thresholds, and yes... even below those.
If you're already empowered by the feds to do all these things, what's a little dishonesty on top of all that? As long as you don't fuck over the feds themselves, they'll surely look the other way when bilk free advertising dollars out of those probably-terrorists.