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by JumpCrisscross 1365 days ago
> Remove KYC+AML from the banking/monetary system

Luna's downfall and Do Kwon's pending red notice have nothing to do with KYC or AML.

1 comments

>Luna's downfall and Do Kwon's pending red notice have nothing to do with KYC or AML.

I disagree here. The 'killer app' feature of crypto is that it's basically imperfect banking without KYC/AML. Without crypto's popularity it's doubtful Do Kwon and Luna would have gotten such a foothold.

> [crypto is] basically imperfect banking without KYC/AML

Pretty solid case for why these folks should go to jail. Or at the very least, be disgorged of their gains and banned from finance.