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by anigbrowl
1199 days ago
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That's not what was proposed. The problem is that things like KYC laws are now probing down to thresholds like $600, so the cumulative cost (both directly, of compliance, and indirectly, of overbearing surveillance, chilling effects etc.) is hugely increased for little benefit. In the name of limiting untoward concentrations of money capital, it creates untoward concentrations of political capital. |
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