XBToshi on Nostr: KYC doesn't catch criminals. It catches ordinary people in surveillance dragnets, ...
KYC doesn't catch criminals. It catches ordinary people in surveillance dragnets, hands their data to hackers, and locks them out of their own money when paperwork doesn't perfectly match. The bad guys use stolen IDs anyway. You just pay the price.
Published at
2026-07-26 17:34:26 UTCEvent JSON
{
"id": "80c53aaced4d00a4870fd3b2eb28cf85042a834e0942af47424b521a0b069182",
"pubkey": "7dc18ff0eec577704b3b8bdf8c85e30e3c9573939d2eafe0c331dc18b378181e",
"created_at": 1785087266,
"kind": 1,
"tags": [
[
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"monero"
],
[
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],
[
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],
"content": "KYC doesn't catch criminals. It catches ordinary people in surveillance dragnets, hands their data to hackers, and locks them out of their own money when paperwork doesn't perfectly match. The bad guys use stolen IDs anyway. You just pay the price.",
"sig": "3c5458ef99231f879da1b25691aab2681ea53a1dc35880e419aba078c3f9e47245496a279682b5576dce4b06beac827b9cfe1081a49bbf735b50210982a5e51b"
}
