KYC is a permissioning system!

This is why KYC/AML must ultimately fail (ie be eradicated) for BTC to serve the unbanked.

KYC / AML is an evil in exactly the same way that freedom of speech isn't !

However KYC cannot prevent p2p transactions (they remain permissionless given decentralisation)

With this in mind - name something / anything more useless than a private blockchain.

I'll wait!

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