july

People have the right to privacy.
Without privacy, there is no freedom.
Without freedom, there is no prosperity.
Without prosperity…

On Privacy:

Great tweet from @balajis.eth 
We have the same issue in the EU with MICA and TFR…

We need also more privacy onchain…

Anti Money Laundering (AML) regulations have been a policy failure.

They cost ~$213B annually, harm legitimate consumers (as we've seen with these de-banking stories), and only manage to stop ~0.2% of illicit activity according to the UN.

Sounds like a job for @DOGE

The fundamental issue is that the US government sucks at cybersecurity.

It gets hacked over and over again.

So all the sensitive KYC/AML data that they force companies to collect gets sprayed all over the internet.

The state should not be collecting data they cannot secure. https://t.co/8omH4qp7oh

Balaji

On Privacy:

Great tweet from @balajis.eth 
We have the same issue in the EU with MICA and TFR…

We need also more privacy onchain…

https://x.com/balajis/status/1863140124109971512

Sapiens qui prospicit - Wannabe Polymath. Interested in art, music, history, philosophy and religion.

i still need to understand why internet/phone service providers need my ssn.