Bro, you went straight from businesses seeking better ways to build products for bitcoin adoption to the Nazis are going to throw us all into camps. I know you know the world isn’t that black and white.
Discussion
I understand the whole No KYC thing but 99% of Bitcoiners couldn’t name two people actually on the OFAC list. Scams are a huge problem in this space. If I send some BTC and I get scammed you bet your ass I’m reporting then and telling everyone I know I got scammed and if some company makes a list of know bitcoin addresses known for scamming it’s a step in the right direction to stop the scam from happening to others
This list is much different from a govt formulated list.
True but the way society is set up now the scams list constructed by a private company has no power to bring chargers and prosecute in the court of law. All they can do is turn over that list to the government and hope the government actually does something with it. No different than trying to hire a private investigator to solve a murder. They can do all they can to collect evidence but they don’t have power to arrest.
I'm saying it's a slippery slope. Have you forgotten the Canadian truckers so soon?
It’s always possible to do that with any asset not held in self-custody. If you want to prevent that you have to avoid anything except on-chain transactions or running a node with just your chosen peers.
Exactly, so should we teach and provide 'compliant' methods or should we teach and provide sovereign methods?
We teach self-sovereignty, but that isn’t going to be the way companies adopt it on the merchant side. Most people will probably need to use both systems until such time that the legacy system is obsolete.