10 pointsby MASNeo2 hours ago2 comments
  • woah2 hours ago
    This is a heavily editorialized and misleading submission title. The only thing on this page that could be construed to have anything to do with the submission title is that this organization appears to be lobbying the EU not to make self-hosted wallets (where you control your own keys) illegal.
    • MASNeo2 hours ago
      The concerning aspect is 1 of 6 objectives so it’s no minor goal. The transmission to self-hosted anonymous wallets is what makes crypto so effective for fraud, sanction evasion, money laundering and other crimes. It clearly fails FATF Recommendation 16 and virtually all KYC standards. Seeing Coinbase and a German exchange support such an objective is rather unexpected.
      • photiosan hour ago
        All my life I've dreamt of fighting for and fulfilling FATF Recommendation 16. :D
        • MASNeoan hour ago
          I can only imagine what a nightmare real life must be like :D
    • solumos2 hours ago
      I agree — I don’t see the connection between the items mentioned on the page and flat out AML/CTF evasion as the title suggests. If I’m wrong, someone please connect the dots.
    • seany2 hours ago
      To be fair ditching AML/CTF would be _good_, but that isn't what is going on in this article.
      • MASNeo2 hours ago
        That argument can well be made, given how (un) effective it is. But what would be the alternative?
        • seany35 minutes ago
          Does there need to be one? It's not clear to me where the moral good comes from AML in the first place. That's why things like Monero are so exciting.
  • MASNeo2 hours ago
    I count myself to the pro crypto camp but some of this ask is inviting criminals more than supporting legitimate use.
    • photios2 hours ago
      > I'm pro-crypto camp, yet I misquote and post misleading titles about it.

      What did he mean by this?

      • MASNeoan hour ago
        I took editorial license on the title. Having worked to convince people that blockchain technology really solves more than just the privacy and payment problem I am just annoyed when the industry seemingly erodes trust established over years with a carelessly written manifesto. I just believe it merits more discourse.