Viewing profile — muffinthem

You seem resigned to the fact that any artist that happens to sell above a certain threshold via NFTs will be treated as a criminal, and there is nothing to do but shrug and say th…

I am not saying it is not the law - I am saying the law is ridiculous and incompatible with how users are choosing to transact through permissionless blockchains like Ethereum. I r…

Does this law target NFTs? Eventually a democratic society decides on its laws. If the citizens and taxpayers want to buy and sell NFTs on permissionless blockchains like Ethereum …

What you are suggesting is the criminalization of using Ethereum unless it is through a permissioned company. This would be a laughably draconian legal landscape. China and Russia’…

> What you are describing is the use of permissionless contracts to avoid AML/KYC compliance law, which is partly what the Directives are designed to criminalise. The goal of this …

Laws change as society and technology advances. If your argument is that every permissionless NFT sale is illegal and criminal because it cannot be KYC’d, my argument is that this …

I am not saying KYC is not possible - I am saying the requirement that the seller does KYC - such as an invoice with customer details - on every transaction is not possible. Once a…

The author is showing expenses and receipts of purchases. They are extremely clear and in some cases easier to track to owners than dollar bills. A bar selling alcohol for dollar b…

This is not fundamentally possible in peer to peer permissionless blockchains. The law as it is currently defined is not compatible with the technology and will need to be revised …

Getting customer invoices per transaction is fundamentally not possible with the blockchain and peer-to-peer payment networks. What you suggest is that every individual and corpora…