rich1.0L0laL33tz wroteL0laL33tz (npub1mz…q6mak)https://yabu.me/npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6maknjumphttps://yabu.meIf you care about financial privacy, then this is probably the most important research you will read all year.
The Dutch Court of Audits has released a paper on the effectiveness of AML measures, and lo-and-behold: it found that there is no evidence that AML actually works.
These laws are what are used to debank law-abiding citizens, throw developers in prison, surveil every transaction you make, and collect your identity in central databases that end up hacked.
Governments have built a complete and total surveillance dragnet around your finances under the guise of AML, and this Dutch Court just said the quiet part out loud:
AML is discriminatory, overly expensive, and we have no proof of it stopping crime.
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