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I agree about the aggregation of credit card numbers and phone numbers, but he's creating a honeypot for hackers. He is creating a bigger issue for the business imo.
As users, it doesn't mean that we can trust these measures either because how do we know governments are not given a pass? Inevitably, they will be excluded from these measures if fiat is used.
The only transparent method of creating a cost for account creation is by using bitcoin.
Bitcoin CyberDome? got the tl;dr?