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Yes, Canada made KYC requirements minimal for amounts under $1000. Is that they don't want to know about those? No, of course they do. It' s that they don't have the resources to keep track all transactions that occur. Hence, I suspect most countries will more or less ignore small value transactions. Or, very selectively go after individuals. But, probably make rules such that they don't have to deal with them.
Indeed... you need to be a "target" so... maybe one day some politic think you look bad to him and, because they have "the law", you could be imprison <3.
We need to remove money from state, at least.
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14 sats \ 0 replies \ @Krv 7 Feb
That's why privacy is so important. I wish people got the importance of this more. Many will have to learn the hard way.
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