tom.satoshi

Sure, but that would wipe out most centralized exchanges. KYC isn’t just for crypto. It’s a requirement to use fiat. The fact that exchanges overdo it is just sad.

Most countries are involved in terrorism in some way. It’s naive to think otherwise.

It’s a cultural thing. People still cling to the banking system and don’t see the value of blockchain. Many feel safer with a third party managing their funds, which is why KYC and AML have become the norm.

I hear you! I’m just an average Joe who pays taxes and loves it. If that makes me average, then fine. At least I’m on the right side of the law. But I also see people using DEXs, mixers, and coinjoins to hide their…

You’re wrong about having no choice. There’s always a choice, no matter the laws or jurisdictions.

There’s a problem, though. Official exchanges often don’t have legally recognized wallets. The average trader can’t prove their transactions, only has flimsy evidence like screenshots. If the exchange is in another…

That’s not really what I was getting at. Regulators always want total control over assets, yet they need to act within the law. If crypto is linked to crime, it can be legally seized, but that doesn't mean every taxi…

Why do people follow the rules? I mean, there’s no such thing as dirty letters or numbers. Eventually, all crypto will become dirty or gray, right? What if we have state laundries to clean up crypto? Sounds like a huge…