This is a great post, and this is a golden nugget:

So many good points made. I don't even like this guy, but he is really laying it all out on the table. You can't KYC a smart-contract. You can't KYC the unbanked. Businesses don't require KYC, they are public. DeFi tech does not merge with KYC. KYC on non-fungible tokens is ridiculous. Includes gaming and social media. Privacy is important, centralized hacks are a threat. Added friction crushes innovation. This cuts off America from abundance tech. Parallels to early Internet are obvious.

Great Points, and this one wins the golden nugget award:

There's a reason why Bitcoin was deemed "not a security". It's impossible to regulate, so why even try. Adding this extra layer of KYC doesn't actually do anything but choke the corporations connected to Bitcoin.

Great Post!

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