PABLOF7z on Nostr: nostr:note1swzh4jn8l9wrekfchxtew4pzk799fstral7k3sraatu7nptxs9wquqyux9 KYCing all the ...
The money doesn’t know who you are. Neither does the bread. The baker doesn’t have to know or care who you are. No names or identities are necessary. Contrast that to any online payment you made in the last decade. You go to the online shop — which probably already knows everything about you, and if it doesn’t, forces you to register — every click and every keystroke is monitored and analyzed. Once you find what you’re looking for you pay with PayPal, a credit card, or similar payment processors that also know way too much about you.
KYCing all the things is a very recent phenomenon, yet most people think this is how it's always been; not being willing to fork over every single bit of identifiable information about you is considered a *radical* position entertained by extremists.
It didn't use to be this way. And it doesn't have to.
Published at
2023-06-11 10:19:16Event JSON
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