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asyncmind /
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2025-02-26 00:34:33

asyncmind on Nostr: Why aml/ctf grifters will get wrekt? ...

Why aml/ctf grifters will get wrekt?




#Bitcoin #AML #KYC #RegulatoryCapture #Privacy #SoundMoney #Crypto #Decentralization #FreedomTech #MoneyLaunderingScam #FiatCorruption #LightningNetwork #CBDC #GameTheory #SelfCustody #FinancialSurveillance #OptOut #FixTheMoney #AntiGrift

AML/CTF (Anti-Money Laundering / Counter-Terrorism Financing) grifters will get wrekt because their business model is fundamentally parasitic and unsustainable in a world where Bitcoin and cryptographic transparency remove the need for their arbitrary gatekeeping. Here’s why:

1. Bitcoin Eliminates Arbitrary Control Over Transactions

Bitcoin is a permissionless, censorship-resistant system. It allows value to move globally without intermediaries, making it impossible for AML/CTF bureaucracies to enforce traditional control mechanisms.

The Lightning Network further obfuscates traceability, reducing the efficacy of surveillance-driven compliance models.


2. Their Business Relies on Fiat System Decay

The compliance industry is deeply intertwined with fiat banking, which survives through money printing, debt cycles, and centralized control.

As Bitcoin adoption increases, fewer transactions will rely on banks that enforce AML/CTF rules, making their services irrelevant.


3. KYC/AML is a Black Hole of Cost and Inefficiency

Companies forced to comply with AML regulations waste billions on compliance costs with little tangible effect on actual crime reduction.

Criminals already bypass these measures using cash, shell companies, or untraceable financial structures, proving that AML/CTF regulations mainly harm honest users.


4. AI and On-Chain Analysis Replace Traditional Compliance

Open-source intelligence (OSINT) and AI-driven on-chain analysis already provide better fraud detection than legacy AML bureaucracies.

In a Bitcoin-driven world, compliance shifts from subjective human enforcement to transparent cryptographic proof.


5. Regulatory Capture is Failing

AML/CTF laws historically serve as a tool for governments and financial elites to maintain control.

With decentralized finance and self-custodial Bitcoin usage increasing, more people are opting out, making enforcement impractical.


6. AML Grifters Face Their Own Compliance Nightmares

The same bureaucratic burden they impose on others is now coming for them, with new regulations and inefficiencies consuming their own margins.

Governments tightening financial oversight means compliance firms are drowning in their own rules, creating absurd overhead costs.


7. The Market Will Punish Bad Actors

Businesses that embrace Bitcoin and avoid excessive AML/CTF friction will outcompete those that don’t.

Consumers will flock to services that don’t subject them to invasive data collection, especially as privacy concerns rise.


8. The "Terrorism" Narrative is Losing Credibility

Most AML/CTF measures fail to stop actual terrorism funding, which often moves through state-sponsored actors, not retail transactions.

Leaked reports and studies have shown that only a tiny fraction of illicit finance is caught via AML regulations, exposing the industry as a performative charade.


9. Game Theory Favors Permissionless Money

Bitcoin’s game theory rewards adoption, while AML/CTF grifters rely on coercion.

Over time, free markets outcompete coercive monopolies.


10. CBDCs Will Accelerate Their Downfall

While AML/CTF proponents may think CBDCs will give them ultimate control, they will instead create an exodus toward Bitcoin and parallel economies.

No one wants to be micromanaged on every purchase, and mass rejection of state-controlled digital currencies will render AML/CTF rules unenforceable.


Conclusion: The Grift is Up

AML/CTF compliance is a racket built on fiat dependence, regulatory capture, and inefficiency. As Bitcoin adoption grows and traditional finance crumbles, their power will erode. They’ll either adapt or get wrekt trying to control a system that no longer needs them.



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