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Re:Bitcoin is a disaster by overscore on Thursday December 31, 2020 @06:19PM (#25598389)
> There's additional benefits as mentioned earlier like not needing to comply with KYC laws.

Why would Bitcoin transactions be exempt from KYC?

Re:Bitcoin is a disaster by Spoom on Thursday December 31, 2020 @06:42PM (#25598655)
Because the fact that it's (in theory) anonymous means that most people think that it also cannot be regulated by laws. People just don't outright say that though because it might sound like enabling fraud, tax evasion, and other unsavory activities was the point.