KYC is the equivalent of trying to catch pedophiles by legally requiring a body cam on every single citizen 24/7, "just in case".

on

The fact that people are not outraged by it tells me everything I need to know about the general attitude, fear, and intelligence (or lack thereof) of the population.

We need to catch criminals, but not at the cost of EVERY person's freedom.

Bitcoin lets us transact without permission. Don't surrender this right so easily, even if you are doing nothing wrong. Find out how you can help overturn these nonsensical laws. If you really care about Bitcoin, and the success of Bitcoin, and not just here for "FOMO and HODL gains", and actually see the real value of Bitcoin, then it's worth it to try.

  • Who does the FinCEN report to?
  • When were anti-money laundering (AML) laws introduced and why?
  • Is it constitutional to have transactions tracked by personal identification?
  • How can you help bring awareness around KYC and bring an end to financial surveillance?
  • How much crime/terrorism does it actually stop?
  • What are notable cases of money laundering done by large corporations that received just a slap on the wrist?
  • What are notable cases of money laundering done by peaceful individuals that received huge penalties (fines, and prison sentences).

Let's change this, and let our love of Bitcoin be the catalyst for change.

submitted by /u/anon516
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