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Jordi @relai.app
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Social Media & Community Manager at npub1sqzr42dj8vx32yd5jcvvl3ytux45kl0etgf6y2ymjvmd7lqmuwmqk9vk7v

At the same time I am frightened of what that man is capable of doing 😬

Printer goes brrrrr 🄶

Bitcoin merch is cool.

But Amongst Plebs merch is the coolest šŸš€

Normie: "You got lucky with bitcoin"

No. I've just been patient.

I'm a simple Bitcoiner.

I see the Bitcoin logo on ECB building.

I'm happy.

#Bitcoin means sending a message for a better future.

That's why we did it in front of the Bank of Italy

Replying to Avatar ResistKYC

Imagine a "friend" invites you to a party and says: "Hey, you already gave me your address when we sent cards. So why don't you just let me into your house whenever I want? It's not like your privacy is important!"

This analogy perfectly illustrates the issues with full Know Your Customer (KYC) processes by highlighting how intrusive and abusive such behavior can be. Here is an in-depth explanation of why companies should reject this practice and consider leaving a country where these measures are enforced, rather than simply complying and presenting it to people as if it’s not a big deal:

1. **Privacy and Trust**:

- **Analogy**: The "friend" uses the existing confidentiality (address for cards) as justification to intrude further into the person’s privacy (permanent access to the house).

- **Explanation**: Customers already share some information in good faith. Full KYC processes demand even deeper personal insights, which can erode customers' trust and sense of security. Companies have a responsibility to protect this trust rather than exploit it.

2. **Excessive Data Requests**:

- **Analogy**: The "friend" demands extensive access (permanent house access) that is unnecessary for the original interaction (sending cards).

- **Explanation**: Companies should limit themselves to the minimum necessary data. Full KYC requirements often go beyond what is necessary for the service or transaction, making them a needless burden and invasion.

3. **Security Risks**:

- **Analogy**: By giving the "friend" permanent access to the house, the risk of security issues increases.

- **Explanation**: Collecting and storing comprehensive personal data makes companies attractive targets for cyberattacks. A data breach could have catastrophic impacts on customers whose data falls into the wrong hands.

4. **Government Pressure and Compliance Costs**:

- **Analogy**: The "friend" might be motivated by external pressure (hypothetically from an overreaching organization) to demand more access.

- **Explanation**: Strict KYC regulations are often imposed by government authorities. Companies need to invest substantial resources to comply with these regulations, leading to higher operating costs and reduced focus on core competencies.

5. **Ethics and Corporate Values**:

- **Analogy**: The "friend" ignores basic principles of respect and privacy.

- **Explanation**: Companies that uphold ethical principles should oppose practices perceived as invasive or abusive. They should prioritize their corporate values over short-term compliance.

6. **Competitiveness and Responsibility**:

- **Analogy**: The "friend" dismissively says the request is "not a big deal," disregarding the other person’s feelings.

- **Explanation**: Companies that take the protection of customer data seriously can differentiate themselves through their safe and responsible handling of personal data. They have a responsibility toward their customers that goes beyond mere legal compliance.

Ultimately, it is often more beneficial for a company to consider relocating rather than operating in a market that enforces excessive privacy intrusions. Customers appreciate transparent and respectful treatment. Companies should uphold these values to foster long-term trust and loyalty.

I don't like like KYC either, but it's not a solution to just say "relocate to another country". It's not how business work.

We also cannot serve EU without license

I never said you couldn't write publicly, and I would never dare to tell anyone that.

But the fact that you felt the need to do so shows that underneath you were craving to be noticed. And that's a fact.

Happy continuation to you as well.

Replying to Avatar doe

You still don't answer my question about why you didn't write privately, but you felt the need to write publicly.

And the fact that you start insulting, convinces me more and more that I got it right heheh

You made this public post and commented under a post by Relai that had nothing to do with that, when you could have sent a private message. I see no reason other than to attract attention (= views).

Respond to this point and don't deflect the discussion šŸ˜‰

Ps: it's sad that you have to make such ironic jokes, since I have nothing against you šŸ™‚

Allow me to tell you that this is where you made a mistake. A private message would have sufficed and the typical "public post" misunderstandings would have been avoided šŸ™‚

Hi nostr:npub1dhvlm7aumyhy60mlv3lemk4newny4uwkdc9ahcskk4lvatytq4vq60lcq6.

What bothered Arsen, and also Relai (who by the way had nothing to do with it) is that the matter could be clarified in private, avoiding accusatory public posts like this one above and on X (and yes, even if it is not explicitly written, it is still not nice).

Anyway, given the obvious misunderstanding, all friends as before and that's it :)

If you accuse him (unfairly) of plagiarizing, you are implicitly saying that he is a fraud. That seems quite logical as reasoning to me.

In fact, if you had not commented under Relai's post (by the way, what Relai has to do with it only you know), clearly to seek attention and views, with false accusations, rest assured I would not have noticed your post at all.

So please don't tell me you don't care about visibility, because otherwise you would have sent a DM. Same reasoning for public posts by "Boss" & Co on X

I know Arsen and he's not a fraud. This is why I defend him, not because I work with him.

The point is that the situation could have been discussed privately, like adults do. But I get that complaining in public brings more visibility

If you care about #Bitcoin, consider running a #fullnode 🧔

What are the main benefits?

šŸ’Ŗ Contribute to increasing network resilience

šŸ•µļø Improving your #privacy

Ps: doesn't have to be fancy like mine šŸ•ŗ