Overly libertarian crypto-bro vs AML regulations: EU edition - eviltoast

Choice quote:

Actually I feel violated.

It’s a KYC interview, not a police interrogation. I’ve always enjoyed KYC interviews; I get to talk about my business plans, or what I’m going to do with my loan, or how I ended up buying/selling stocks. It’s hard to empathize with somebody who feels “violated” by small talk.

  • gerikson@awful.systems
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    10 months ago

    So many of these people are just very young and getting in contact with the real grown-up world of money for the first time. They keep that teenage mindset of “you can’t tell me what to do!” to which the bank replies “fuck off” politely.

    Edit just read a bit more, and it’s amazing how many commenters who live in some of the most free and prosperous countries in the world dare to compare themselves to actual serfs.

  • Soyweiser@awful.systems
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    10 months ago

    It’s hard to empathize with somebody who feels “violated” by small talk.

    How dare these intellectual lightweights ask me to explain things which should be obvious, or talk about nothing, stop wasting my time im doing important things. Like coding javascript, or improving my KTD scores.

  • naevaTheRat@lemmy.dbzer0.com
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    10 months ago

    So annoying. There are good conversations to have about overreach and surveillance but dude, organised crime is fucking terrifying and AML is good actually.

    I like buying drugs, I think there are probably kinds of crimes that shouldn’t be prosecutable by evidence discovered using methods intended to stop truly evil shit and we should probably talk about that. These people though, it’s always something stupid they coyly hide while acting like it’s some giant assault on their rights to be interviewed in order to establish they’re not trafficking arms or something.

    It doesn’t make for a good case. I don’t think trading in crypto is inherently less moral than like buying shares in shell and some of the freak outs about it are knee jerk moral panics (seriously though please stop speculating using my ketamine coins? I just want to treat my depression) but it’s dumb to get so worked up about being asked a few questions when it looks absolutely sus as hell. If I walk down the street carrying a gun bag (full of flowers, the shape is convenient) in a balaclava (the wind dehydrates my skin) it’s not a fucking assault on my rights if someone asks me to show them there isn’t a rifle in my bag.

    • flere-imsaho@awful.systems
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      10 months ago

      actively investing in shell and actively investing in crypto is unethical and it’s not wrong to point it out, and neither is this moral panic; if you don’t want to be subjected to ethical assessment, don’t brag about potentially unethical behaviour.

      • naevaTheRat@lemmy.dbzer0.com
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        10 months ago

        sure but like everyone with any kind of retirement fund or whatever, or even government pension is complicit in unethical investment. Crypto is less than ideal for lots of reasons but imo the attention it gets (and weird criticism over stuff like water usage by people who drink softdrink and eat meat etc) is a symptom of it being new and primarily of interest to annoying dorks.

        Capitalism makes bastards of us all, and you should defs try to do better, but people who like aren’t even doing the bare minimum of plant based diets criticising crypto uniquely are just being inconsistent.

        • corbin@awful.systemsOP
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          10 months ago

          Your position is also inconsistent. For example, coyotes have meat-based diets and are not capitalist; I think that coyotes also don’t use cryptocurrency, although I have no evidence either way. Naturalistic appeals are usually fallacies since they involve special pleading for humans in an otherwise-natural holistic existence.

          That said, I upvoted you for approaching the concept of obligate capitalism, the idea that the only choices presented to humans within a capitalist society are to own capital, labor, or starve. We should be less keen to criticize each other merely for choosing to live.

          • naevaTheRat@lemmy.dbzer0.com
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            10 months ago

            lmao no I don’t invest in crypto or shares. I’m broke as fuck. What part of bankrupt over treating depression is difficult to understand?

            What part of both are awful but criticising one more than the other is stupid and lazy implies I’m doing either?

            • flere-imsaho@awful.systems
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              10 months ago

              bringing one in context of another, when they’re not related at all. also, i distrust pale vegans (who almost never realise the impact of pale veganism on other places).

      • naevaTheRat@lemmy.dbzer0.com
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        10 months ago

        nooooooo complicity in the thing that I loathe! Truly there is no redemption in this world of sin.

        Unfortunately my options are pay several thousand every month, break into veterinary clinics which might leave them short for emergency surgery and involves some (but probably less than you think, I’ve seen drug safes with wafer locks lmao) risk, or use the Cryptos and pay like 20 bucks a month.

        I guess suicide is in there too but I’d like to see my nieces and nephews grow up so there’s that.

        • bitofhope@awful.systems
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          10 months ago

          I was merely replying to this part

          seriously though please stop speculating using my ketamine coins? I just want to treat my depression

          Without the speculators you might as well try and buy your ketamine with Monopoly money.

          No need to get defensive. If you gotta buy Monero to medicate yourself that’s a failure of the system.

          • naevaTheRat@lemmy.dbzer0.com
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            10 months ago

            I’m not defensive I think it’s all hilarious.

            And not quite, I used it quite a lot in the early days when it cost a few hundred to do anything and we were giving them out for free. Speculators came in much later, they were still useful when a bitcoin was like 1 us cent.

            Quite funny really.