Hard Problems in Cryptocurrency: Five Years Later

Re:Hard Problems in Cryptocurrency: Five Years Later by DirkNowitzki on Sunday November 24, 2019 @09:17AM (#21620565)

I work in banking. AML is always a fine line. Don’t do your job well, you get hit for enabling laundering. Do your job too well and you kill millions/billions in deposits.

AML at its core is asking a bank to purposefully reduce their profit. Other than fines and morals, there’s no real incentive for them to give their all, and those don’t seem to bother most of the industry.

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Re:Hard Problems in Cryptocurrency: Five Years Later by arcticbull on Sunday November 24, 2019 @08:20PM (#21624736)

So the right answer is to... give up and hope for the best? Develop systems where it's impossible to stop? C'mon now. That's why it's one of the actual hard problems of cryptocurrency.

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