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by OutOfHere 306 days ago
It is a statistical fact that the growth of the US national debt, and that of many countries, is exponential in its grwoth. This will have ramifications that will heavily affect everyone holding dollars. Just plot it and see the equation. Of course those who choose to remain clueless will indeed never know.

KYC is the law for financial institutions, one that it would be in their best interest to lobby against. It is also not the law for self-custody crypto, and certainly not for users, not that it could ever be one since it would be impossible to enforce anyway. The users have no interest in it.

Your nonsense of aiding terrorists, traffickers, cartels, is just that -- plain nonsense. This is because just as with cash, the usage of cryptocurrency is orthogonal to the criminal activities. The law increasingly wants practically every freedom traded away, not for civility, but for repression. They are the ones harming more people as of late, with an increasingly undemocratic and oppressive agenda. Moreover, the government already heavily tracks the usage of non-privacy cryptocurrencies; its is like a dream for them.

1 comments

Must be nice to live in this libertarian utopia as the Doomguy of your own universe. Best of luck.
It is not my own universe. You are in 100% denial of the numbers. Ask an LLM to grab the data and plot it for you.

Self-serving freedom-hating people like you will always try to restrict what others can do, falsely in the name of protecting them, but we see through it.