XBToshi on Nostr: KYC gets sold as consumer protection. In practice it locks out the unbanked, blocks ...
KYC gets sold as consumer protection. In practice it locks out the unbanked, blocks the undocumented, fails elders on a liveness check, and flags anyone whose name fuzzy-matches a list. People with lawyers glide through. Everyone else eats the friction.
Published at
2026-10-16 16:30:02 UTCEvent JSON
{
"id": "2e0ec58a36a190879e87b1825ae4f06518667113cc1d518d95e4ab09b60d9875",
"pubkey": "7dc18ff0eec577704b3b8bdf8c85e30e3c9573939d2eafe0c331dc18b378181e",
"created_at": 1792168202,
"kind": 1,
"tags": [
[
"t",
"monero"
],
[
"t",
"nokyc"
],
[
"t",
"privacy"
]
],
"content": "KYC gets sold as consumer protection. In practice it locks out the unbanked, blocks the undocumented, fails elders on a liveness check, and flags anyone whose name fuzzy-matches a list. People with lawyers glide through. Everyone else eats the friction.",
"sig": "fc5033ebce34cdf630d394bebf4866680a41505e46cb7edc284b3c83ddbe32133af3d2670eb8e4cc04df532bfdb9adf1a98baea0dee611d487d12e79468c17be"
}
