max on Nostr: Great read from Martin Enlund ...
Great read from Martin Enlund
https://nostr.band/npub1gg6zywvkeej5juswvmwkh39m0mae7fwxp3ypd4aug7n9u8vqmvjq5ljzdu
KYC is the real terror
Martin Enlund 3/21/24
https://underorion.se/en/posts/fatf/
It has become increasingly evident that our financial system has started undermine our constitutionally guaranteed freedoms and rights . Payment giants like PayPal, Mastercard, and Visa sometimes block the ability to donate money . Individuals, companies, and associations lose bank accounts — or struggle to open new ones. In bank offices, people nowadays risk undergoing something resembling being cross-examined. The regulations are becoming so cumbersome that their mere presence risks tarnishing the banks’ reputation.
...
https://nostr.band/npub1gg6zywvkeej5juswvmwkh39m0mae7fwxp3ypd4aug7n9u8vqmvjq5ljzdu
KYC is the real terror
Martin Enlund 3/21/24
https://underorion.se/en/posts/fatf/
It has become increasingly evident that our financial system has started undermine our constitutionally guaranteed freedoms and rights . Payment giants like PayPal, Mastercard, and Visa sometimes block the ability to donate money . Individuals, companies, and associations lose bank accounts — or struggle to open new ones. In bank offices, people nowadays risk undergoing something resembling being cross-examined. The regulations are becoming so cumbersome that their mere presence risks tarnishing the banks’ reputation.
...