Re:A faster, more efficient cryptocurrency
by lixtra on Monday February 18, 2019 @12:18PM
(#19192232)
This is just wrong. A kiosk merchant may accept cash payments legally. If she wants to accept cards she has to go through the stricter compliance rules of the card processors. Same applies for crypto.
A transaction does not become illegal just because some class of players do not want to become part of it.
FWIW, complianceless payments are dejure illegal by definition. So any economic activity being made possible by them is roadkill of the current regulatory environment, legally speaking. A nice example of Bastiat's "That which is not seen".