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Overly libertarian crypto-bro vs AML regulations: EU edition (news.ycombinator.com)

submitted 11 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 16 points 11 months ago* (last edited 11 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.