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Overly libertarian crypto-bro vs AML regulations: EU edition (news.ycombinator.com)

submitted 11 months ago by corbin@awful.systems to c/techtakes@awful.systems

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Choice quote:

Actually I feel violated.

It's a KYC interview, not a police interrogation. I've always enjoyed KYC interviews; I get to talk about my business plans, or what I'm going to do with my loan, or how I ended up buying/selling stocks. It's hard to empathize with somebody who feels "violated" by small talk.

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[–] naevaTheRat@lemmy.dbzer0.com 2 points 10 months ago

I'm not defensive I think it's all hilarious.

And not quite, I used it quite a lot in the early days when it cost a few hundred to do anything and we were giving them out for free. Speculators came in much later, they were still useful when a bitcoin was like 1 us cent.

Quite funny really.