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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by JumpCrisscross on Wednesday April 12, 2023 @12:47PM (#35542657)
> instead of having an open API usable by any easily-authenticable entity

It’s intentionally mediated through banks. We don’t want to create a money-laundering system—that is an explicit lesson learned from crypto. (We also want a layer that can absorb fraud. Another lesson from crypto.) But there are banks who will API it for KYC’d clients.

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