Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by JumpCrisscross

2 hours ago

> It is politically impossible to go back on KYC/AML measures in the traditional financial system

It’s politically irrelevant more than impossible. Most Americans simple aren’t visibly encumbered by KYC/AML enough to make it a priority.

> They're allowed-by-default instead of blocked-by-default

So were banks in the wildcat era.

0 comments

JumpCrisscross

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities