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.
Federal authorities tracked down and seized more than 94,000 bitcoin allegedly stolen from Bitfinex. But how did they get their hands on the pseudonymous funds?
