Earlier quoted context omitted.
> There's no KYC for holding fiat... Woah. Hold up. There's no KYC for holding anything. There's always been KYC for obtaining fiat. For withdrawing fiat. For depositing fiat. For getting paid in fiat. For paying other people in fiat. It's not the holding at issue, it's the transacting. > ...and transactions above 10k are on the honor system for cash purchases. No, they certainly are not. Any withdrawals or deposits…
>Woah. Hold up. There's no KYC for holding anything. There's always been KYC for obtaining fiat. For withdrawing fiat. For depositing fiat. For getting paid in fiat. For paying other people in fiat. It's not the holding at issue, it's the transacting. From a bank, or a money transmitter, or a traditional employer -- sure. But I could spange on the side of the road or get picked up at a home depot and do some work and…
> No I specifically mentioned that to use Wise without fees it's an issue for the unbanked, which is a major problem in El Salvador. I'm glad the plight of the unbanked is "fanfic" to you. We all know the rich legal citizens who are banked have the financial upper hand including in international transactions.
You uh, got some numbers to back up your assertions? Unbanked people are un-banked because they don't have money. Do you know of a lot of wealthy folks without bank accounts?
I'm gonna need to see some stats on all of this. Everything you've said is theoretical, hypothetical, and I'm going to need an understanding of exactly how often these scenarios play out. If it's just that, then it doesn't matter.
> For instance, it is a crime to carry a hand gun in public for defense in Hawaii without a virtually unobtainable license, yet the constitution pretty clearly says the right to bear arms shall not be infringed.
It actually doesn't, because if it did, you'd be right, and that law would be unconstitutional.
The point at issue is the "well regulated militia" bit and I defer to the Supreme Court's interpretation. Plus the whole context thing. America isn't a civil law society, its a common law society which means law is subject to interpretation and precedent. The text alone isn't the source of truth. In Quebec, it would be, because their legal system is based on the Napoleonic code. Americas is not. [1]
Anyways, this has been fun - you think crime is good when you personally disagree with the law, I think the law should be respected until changed, and that advocacy is the path. Nobody agrees with all of the law, but it works because we all respect it anyways. I don't think it should be a crime to hold a dead lobster less than 6" long. However, respecting the law is fundamental to a society. If you don't agree, we won't come to terms.
[1] https://www.lexisnexis.com/en-us/lawschool/pre-law/intro-to-...