[immibis]

A fine is just a cost of doing business, and the kinds of entities that this targets would happily just pay the fine to continue being anonymous.

[encoderer]

This along with AML/KYC are the new war on drugs. Probably worse to be honest: a compliance regime that costs lawful businesses billions of dollars to navigate, always getting larger, always getting more draconian.

It’s crazy we accept this. Where is the proof any of this is working at all?