Overly libertarian crypto-bro vs AML regulations: EU edition
Choice quote:
Actually I feel violated.
It's a KYC interview, not a police interrogation. I've always enjoyed KYC interviews; I get to talk about my business plans, or what I'm going to do with my loan, or how I ended up buying/selling stocks. It's hard to empathize with somebody who feels "violated" by small talk.
So many of these people are just very young and getting in contact with the real grown-up world of money for the first time. They keep that teenage mindset of "you can't tell me what to do!" to which the bank replies "fuck off" politely.
Edit just read a bit more, and it's amazing how many commenters who live in some of the most free and prosperous countries in the world dare to compare themselves to actual serfs.
took a while for him to admit it was crypto too
It’s hard to empathize with somebody who feels “violated” by small talk.
How dare these intellectual lightweights ask me to explain things which should be obvious, or talk about nothing, stop wasting my time im doing important things. Like coding javascript, or improving my KTD scores.
Big Karen energy.
P.S. money laundering is fascinating.
So annoying. There are good conversations to have about overreach and surveillance but dude, organised crime is fucking terrifying and AML is good actually.
I like buying drugs, I think there are probably kinds of crimes that shouldn't be prosecutable by evidence discovered using methods intended to stop truly evil shit and we should probably talk about that. These people though, it's always something stupid they coyly hide while acting like it's some giant assault on their rights to be interviewed in order to establish they're not trafficking arms or something.
It doesn't make for a good case. I don't think trading in crypto is inherently less moral than like buying shares in shell and some of the freak outs about it are knee jerk moral panics (seriously though please stop speculating using my ketamine coins? I just want to treat my depression) but it's dumb to get so worked up about being asked a few questions when it looks absolutely sus as hell. If I walk down the street carrying a gun bag (full of flowers, the shape is convenient) in a balaclava (the wind dehydrates my skin) it's not a fucking assault on my rights if someone asks me to show them there isn't a rifle in my bag.
actively investing in shell and actively investing in crypto is unethical and it's not wrong to point it out, and neither is this moral panic; if you don't want to be subjected to ethical assessment, don't brag about potentially unethical behaviour.
Investing in shell is arguably ethical if you're doing it to exert shareholder influence or just be a pain in their ass at annual meeting time.
sure but like everyone with any kind of retirement fund or whatever, or even government pension is complicit in unethical investment. Crypto is less than ideal for lots of reasons but imo the attention it gets (and weird criticism over stuff like water usage by people who drink softdrink and eat meat etc) is a symptom of it being new and primarily of interest to annoying dorks.
Capitalism makes bastards of us all, and you should defs try to do better, but people who like aren't even doing the bare minimum of plant based diets criticising crypto uniquely are just being inconsistent.
Your dealer only takes the Ketamine coins because of the speculative value.
nooooooo complicity in the thing that I loathe! Truly there is no redemption in this world of sin.
Unfortunately my options are pay several thousand every month, break into veterinary clinics which might leave them short for emergency surgery and involves some (but probably less than you think, I've seen drug safes with wafer locks lmao) risk, or use the Cryptos and pay like 20 bucks a month.
I guess suicide is in there too but I'd like to see my nieces and nephews grow up so there's that.