I must have touched on a nerve.
Conversation
To be fair, your statement about tether allowing traders and exchanges to sidestep the BSA is incorrect. Also, I’m not aware of any fiat-reserve coins that do not KYC at the official points of entry and redemption.
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That was literally the whole point of tether in 2015, when it said in its FAQ, "You can fund your account with bitcoins and convert to Tethers to stabilize your bitcoins and without having to undertake KYC." web.archive.org/web/2015052100
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But now you’re talking about the past. Your original tweet was making a statement about the present.