Anita on Nostr: KYC is nonsense. Soft KYC - requiring your mobile number for every service - is ...

KYC is nonsense.
Soft KYC - requiring your mobile number for every service - is nonsense.

quoting
note1x69…gdhw

80% of cryptocurrency sent to Iran comes from "global exchanges," says TRM. Not "DeFi". Not "unhosted wallets."

So how do Iranians circumvent compliance? By signing up with fake IDs. And where do you get a fake ID? From hacked KYC databases.

AML is nonsense.