On Jan 1st 2024 all US Citizens Become Felons For Using Non KYC DeFi Under 6050i. Our Industry Is Losing, CoinCenter Likely Cannot Win It's Case. a16z/Uniswap & & FTX/SBF & CME/CFTC/SEC Colluding To Get KYC Front Ends (& LN) Forced On Peer To Peer Crypto
<!-- SC_OFF --><div class="md"><p>where we are going wrong, is we need privacy advocates to recenter the debate around Samurai, Zcash, and Monero, around why there should be constitutional right to privacy. The basis to these issues in DeFi, is them railroading privacy.</p> <p>That&#39;s the ulterior point being missed, the presumption that you don&#39;t have a right to cash equivalent privacy. You don&#39;t have a right to not be meta-data-d by Chain analysis, that the Three Party Doctrine of the Bsa applied to peer to peer tech is unconstitutional.</p> <p>remember, most of these licensing requirements and registration requirements are civil infractions, what the crony lawyers do is weaponize violations of the fourth amendment to do KYC gating to enforce the civil infractions. It&#39;s ulterior. They intentionally violate privacy.</p> <p>They&#39;re trying to force prime brokerage capitalist privileges and gate keeping onto the global industry by abusing the fourth amendment and banking secrecy act because they know the licensing infractions are only civil overseas.</p> <p>I see where this is all going wrong, the emphasize of crypto twitter&#39;s argument shouldn&#39;t be on DeFi civil licensing, it should be on felony regulation of the banking secrecy act and 4rth amendment stuff with Samurai, monero, peer to peer etc.</p> </div><!-- SC_ON --> &#32; submitted by &#32; <a href="https://www.reddit.com/user/samdane7777"> /u/samdane7777 </a> <br/> <span><a href="https://www.reddit.com/r/btc/comments/z186yw/on_jan_1st_2024_all_us_citizens_become_felons_for/">[link]</a></span> &#32; <span><a href="https://www.reddit.com/r/btc/comments/z186yw/on_jan_1st_2024_all_us_citizens_become_felons_for/">[comments]</a></span>
