How much money laundering & tax evasion should we accept in order to enable low-friction transactions? I suspect neither extreme is optimal.
@numist A lot of that setup overhead is anti-money laundering & tax evasion regulations. Which was my point. Too expensive to bank the poor.
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@numist But purely depending on voluntary reporting is also unlikely to be a good idea.Thanks. Twitter will use this to make your timeline better. UndoUndo
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