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🚨NEW: Economists at the Bank of International Settlements propose banning any coin that has passed through a no-KYC wallet from regulated services to enable a culture of self-policing Full Story πŸ‘‡
The Rage
Bank of International Settlements Paper Proposes Self-KYC For Non-Custodial Wallets
The economists argue that the exclusion of any coin that has ever passed through a no-KYC wallet would enable a culture of self-policing.

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Personally, I think things like this will help accelerate peer-to-peer payments even further, so I feel like if someone wants to try it, they should just go for it. If it were something that could simply be blocked because someone didn't like it, I wouldn't have supported Bitcoin in the first place.
This is only a threat because the FIAT system, which at this point is very blatantly a single system, not decentralised by banks, nor by countries, has a disproportionate adoption compared to Bitcoin. Bitcoin will win and the threats will be neutralised.
The Rage's avatar The Rage
🚨NEW: Economists at the Bank of International Settlements propose banning any coin that has passed through a no-KYC wallet from regulated services to enable a culture of self-policing Full Story πŸ‘‡
The Rage
Bank of International Settlements Paper Proposes Self-KYC For Non-Custodial Wallets
The economists argue that the exclusion of any coin that has ever passed through a no-KYC wallet would enable a culture of self-policing.
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