๐จ BIS Proposal: KYC Your Own Coins ๐จ
The Bank of International Settlements ๐คก๐ just dropped a dystopian idea:
Every coin tracked, every wallet scored.
๐น Coins from KYCโd wallets = โ
usable
๐น Coins that ever touched a non-custodial wallet = โ tainted, blacklisted
Translation: They want you to self-KYC just to keep your own Bitcoin spendable.
Peer-to-peer freedom โ turned into compliance policing.
This is surveillance embedded into the money itself.
Financial privacy = treated as suspicious.
Sound crazy? It is.
But give it time, and itโll creep into FATF rules and EU directives โ normalizing the idea that self-custody = criminal.
The Clown World dream: โlegalโ Bitcoin thatโs permissioned and neutered.
The Bitcoin dream: incorruptible, borderless, unstoppable money.
Choose wisely ๐ง
#bitcoin
