3 ms·
Here’s an idea, get rid of cryptocurrencies and the need for KYC basically vanishes.
by amrocha 2y ago
Here’s an idea, get rid of cryptocurrencies and the need for KYC basically vanishes.
- sneak 2y agoIf you get rid of cocaine, the need for rehab centers also vanishes. There is no way to “get rid of cryptocurrencies” at this point save for shutting off the internet. It is not within the power of the state to prohibit, any more than prostitution or cocaine.
- amrocha 2y agoSure, there would be a black market for it, but that black market would be a lot smaller than the open market we have right now. There’s plenty of legal ways of exchanging cryptocurrencies for real currencies, shutting those down would be a good start.