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by Saline9515
285 days ago
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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. |
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Not all blockchains are decentralized, it depends on the consensus mechanism