127
Vultr doesn't let you pay with crypto until you've already set up payment using a credit card or PayPal
(sh.itjust.works)
Gotta get that KYC!
this post was submitted on 10 Nov 2024
127 points (91.5% liked)
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Sucks. Fuck KYC now and forever
KYC?
Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.
Got it, thanks
Kentucky Yeeted Chicken
Know Your Customer.
What a dumb take.
Any reason why you think so?
I work in AML and KYC is a key part of that process.
Yeah, it's an anti-glowie measure, that's why we like it.
TLA agencies would have no problem with a cover identity to "prove" who they are. Your average citizen is going to have a hard time buying a slightly used social security number that they can use to get an ID that will pass KYC laws.
I think you misunderstood. TLAs want people to prove their identities to prevent or collect data on victimless "crimes" like ML or being a customer or vendor of substances outside of the US pharma-DEA cartels' authority.
I don't think that's a good thing, I think criminalising such activity is a way of oppressing the proles on their own tax dime, especially when white collar not-so-victimless crimes are seldom punished, therefore I am against KYC.