The know-your-customer (KYC) threat isn’t coming. It’s already here, and it didn’t arrive through a nationwide ban or an emergency executive order. It quietly...
Pro-democracy activists, such as those in Nicaragua, are facing financial repression at the hands of the country’s autocratic leadership. Bitcoin is a tool to help circumvent this repression.
KYC from €0 does not help catch criminals, but it does compromise personal freedom, bringing the surveillance state one step closer. Switzerland’s approach can serve as a model to prevent this dystopia from happening.