What is Nostr?
Lou
npub1rr3…nywd
2024-04-26 21:51:55
in reply to nevent1q…sgcf

Lou on Nostr: The thing is, non-KYC is amazing, but current laws are not design for it, therefore, ...

The thing is, non-KYC is amazing, but current laws are not design for it, therefore, non-KYC will always be 'bad' in the eyes governments, until education and a new set of laws come to place. Obsolete human regulation only drives countries to a pit fall while the ones in power benefit, you know how that goes.

So I think what Jack Maller does is not more or less ethical, Bitcoin is for everyone. His approach just as many others is more akin to a trojan horse, but no a War Trojan horse, rather a evangelistic one. People convert to #Bitcoin, not the other way around. Additionally, to run a business and expand within the current political landscape, you need to KYC, and that's the goal of Jack, expand everywhere like Jehovah Witnesses.

Non-KYC is the best, I foresee a future were regulations of KYC are dropped, it only creates a giant honeypot for hackers and centralize all the power in the hands of a few, that is how we stag. Also, non-KYC is sometimes the only thing that you can buy, in some governments leaves you at too much risk if you buy the it the non p2p way.

Maybe we won't even have to care about KYC or Non-KYC in the future, because the only way to get your hands on some sats is to work for it. Hope that by then, regulations are not just for the few in power, but to really avoid getting fucked by scammers, although that may be too much to ask.






Author Public Key
npub1rr3678k7ajms2sht0cqqeawy86sdd5ahn6akfj8zex9ng82zuh0sz8nywd