Topic: Compliance (Read 442 times)
Interesting. I think at the end of the day it will only push towards more decentralization like decentralized exchanges.
There is so much noise about compliance, but i want to ask you all a question. Please step back and really assess the situation. Is compliance what we want? Do we want to have the same institutions we have tried to separate from impose regulations on how we are to function?
Do we want the rules we work by to be governed by lobbyist interests? I want you to think how very difficult it has become to establish anything under current systems, be it a company or a money service. those laws used to be simple, but over time, they were complicated and extended and revised and mutated so much that no one person can get it straight. This is the clear future you open us to if you support this "compliance" regime.
I know you think it legitimizes what we do here, but tbh, we did not need it before...why do we need it now? And do you know that the law you are told to comply with, has no hold over the next guy in the thread because he is in another country.
Creating laws for cryptocoins that have no borders is no different from attempts to create an internet government.
Do we want the rules we work by to be governed by lobbyist interests? I want you to think how very difficult it has become to establish anything under current systems, be it a company or a money service. those laws used to be simple, but over time, they were complicated and extended and revised and mutated so much that no one person can get it straight. This is the clear future you open us to if you support this "compliance" regime.
I know you think it legitimizes what we do here, but tbh, we did not need it before...why do we need it now? And do you know that the law you are told to comply with, has no hold over the next guy in the thread because he is in another country.
Creating laws for cryptocoins that have no borders is no different from attempts to create an internet government.
Jump to: