Building, promoting and using this type of technology is bad. Being proud of it is even worse.
Discussion
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Completely true, build and promote not just things for short term gains if it is bad for you and society medium/long term!
I stopped when I read this: "Bringing compliance to crypto"
I plan on reading a bit more, because I don't trust the privacy newspeak on that page :-)
Travel Rule flags anything over $2999…
Travel Rule shouldn’t exist.
I think it's €1000 in EU-stan.
The travel rule was also implemented at Revolut: https://hrif.eu/2023/08/revolutravelno/
A month early. They must be very eager to please the regulators.