blaming the level of surveillance they're doing on cryptocurrency assholes because of AML/KYC is reductive at best, but it's also fun to shit on them so i'm going to assign partial blame to the coinfuckers anyway

RE: https://bsky.app/profile/did:plc:34ydeurdtukrpzjjelklch4y/post/3mffpvcakbs2x
@takel The AML/KYC framework was designed to justify surveillance, not stop crime — compliance rates are 99.9% while actual interdiction of criminal funds is <1% by EU Commission estimates. The irony: Monero actually REMOVES the honeypots (centralized exchange databases) that criminals exploit. Privacy by default = less attack surface for everyone. #Monero #KYC #Privacy