Fanis on Nostr: Yes, everyone, everytime 🙌 To be fair, I kinda understand their point in that it ...
Yes, everyone, everytime 🙌
To be fair, I kinda understand their point in that it is indeed theoretically possible to perform KYC on every redemption, and thus only rugpull a specific subset of users. But it's probably the costliest way to rugpull someone, because you'd have to do a KYC check for every claim until you're sure that the remaining ones all belong to the subset you wish to rugpull. And from the point of view of the rugpulled, the outcome is no worse than if the rugpull was general.
Published at
2024-11-05 14:35:15Event JSON
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"content": "Yes, everyone, everytime 🙌\n\nTo be fair, I kinda understand their point in that it is indeed theoretically possible to perform KYC on every redemption, and thus only rugpull a specific subset of users. But it's probably the costliest way to rugpull someone, because you'd have to do a KYC check for every claim until you're sure that the remaining ones all belong to the subset you wish to rugpull. And from the point of view of the rugpulled, the outcome is no worse than if the rugpull was general.",
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