You are aware that the internet also started around that tume right?
Discussion
It's search in books texts as far as I understood. I'm not using Google so I cannot confirm.
Yes sure. But the problem with KYC started with the internet. Before you had no reason to need something like that because people that commerce with you are physacly present
True for KYC but money laundring existed way before internet.
In a way you are right, it's like these people showing the price of things in bitcoins since 2009, of courde when bitcoin had no reconized value, value 0, you need infinite bitcoins to buy a candy, kind of silly.
And the peak startet BB (before bitcoin) so i would guess it has more to do with monetary expansion then bitcoin.
Not everything revolvs around Bitcoin
And your point?
That we should throw poeple in jail for moving money outside the banking system?
What if they bought something legitimate? I think the assumption here is all these cases involve a crime. BUT, if they involve a crime why do we need money transmission laws? Why not just prosecute the crime committed?
This is the police state. This is how a communist Gov works - they can convict you and put you in jail even if you are doing nothing wrong.
I don't understand how anyone could find this acceptable.