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> AML/KYC banking laws are rapidly degrading into complete bullshit It did not. That was their purpose all along but it's nicer to say we are implementing AML
by csomar 3y ago
> AML/KYC banking laws are rapidly degrading into complete bullshit
It did not. That was their purpose all along but it's nicer to say we are implementing AML instead of we are sanctioning these guys or we are restricting outflows.
Crypto did not boom because it is mathematically revolutionary (it is, but most people don't really understand it). It boomed because there is a market for it.
- crotchfire 3y agoThe only reason it got big enough to be boom-eligible was that geeks, nerds, and cypherpunks (in particular) understood how mathematically revolutionary it was.