| ▲ | Saline9515 4 days ago | |
The law says that banks need to do AML/KYC, a blockchain is not a bank, it's decentralized. Besides, being able to break a law can be good, when such laws have little to do with crime prevention, and more about feeding an industrial complex that earns from those frictions. And buying a car is not illegal as far as I know. The main proponent that dictates the regulations, the FATF, is a shady, unregulated body that is used for political and economical repression. | ||
| ▲ | wbnns 3 days ago | parent [-] | |
> a blockchain is not a bank, it's decentralized Not all blockchains are decentralized, it depends on the consensus mechanism | ||