Grafton
· 3w
So I don't know why more people don't scream about this but KYC does not prevent crime.
I'm gonna lay out the numbers here because people need to see this. The cost of pretending it works is measured...
What most fail to realize is that "money laundering" as a crime, the reason that KYC regulations exist, only became a crime less than 50 yes ago. Before that, throughout ALL of recorded human history, non-KYC transactions were the only thing anyone had ever known and experienced.
Financial Privacy By Default was the standard everywhere and every when until recently. Crimininalization of this turns the victim into the criminal, as KYC itself IS a crime against our human rights.
KYC has become an unquestioned, universal, encroachment on individual's personal safety and property rights. Civil disobedience at scale is the only way to fight these Naked Emperors, by living on personal and professional Satoshi Standards. Leaving Caesor's debt note slave tokens behind for the debt slaves to trade among themselves.