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13 sats \ 1 reply \ @aljaz OP 25 Dec \ parent \ on: Impact of the EU and FATF Regulatory Frameworks on Non-Custodial Crypto Wallets bitcoin
its never about preventing terrorism, saving the children or fighting money laundering (which is only a "crime" because of not paying state extortion) - it is always about control of the population, preserving the authority and expanding the states reach
Trying to ban/heavily restrict mixers... or trying to stymie the lightning network in the name of 'preventing terrorism'... is idiotic. It's stupid.
Terrorists won't follow the rules, or they will just use cash. And if a terrorist wants to attack someone, why wouldn't they just use a car or common-vehicle? Aren't they everywhere what are they waiting for?
In addition, lightning requires relative sophistication and study to use. Maybe not to make basic transactions... but to use privately. There is a literal war going on in Ukraine, which the US and EU are helping fund and EU governments are worried about 'financing terrorism'... on the Lightning network and whether those terrorists 'KYC'. It does not pass the 'smell test' in my opinion.
In my opinion it's much, much bigger than that.
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