145 sats \ 2 replies \ @Natalia 16 May \ on: Cashu: This will allow integrating Ecash into existing KYC/AML infrastructure bitcoin
Feeling strange, and why on earth do people want to join the KYC mint - isn't Bitcoin meant for leaving the cage, why going back now?
https://primal.net/e/note1glnwwkfh6qg3kml4f05hhhpsrf56stmpprryushxeshyvy76yp9s89ex3e
Yes, in general I feel like "kyc is the illicit activity" and giving any ground on this front seems bad.
On the other hand, I didn't build cashu. The people who did have every right to build it however they like. And they probably have more insight into what their customers want than I do.
It struck me particularly strong me in light of the Tornado Cash ruling where it said the developers didn't build AML/KYC into the contract when they could have and so were culpable.
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For me, as a customer is more like - why do you need to know so much info? Is it even necessary?
And from what I've learned and playing around, this ecash was supposed to be more private and more accessible for new users, not sure it would be a nice start if ppl come and then required all sorts of information to start.
On the other hand, I didn't build cashu. The people who did have every right to build it however they like. And they probably have more insight into what their customers want than I do.
indeed, just trying to understand the whys.
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