GM ☀️ PV 🤙
I got some complaints that the EU story I posted yesterday wasn’t accurate, that the rules primarily affect companies, and won’t be in effect for three years.
That may be the case. I don’t always get all the details right, and I’m not a journalist. However, what continuing pressure like this does is to create a chilling effect that can slow user adoption and results in giving more power over the financial lives of citizens who simply need better privacy than the legacy system provides.
Most people aren’t money laundering drug dealers and terrorists. They’re just stuck in a system that assumes they are by default, and will continue to block the exits, step by step.