Instead of pushing yet more KYC/AML laws for bitcoin exchanges or banks, we should ask whether existing laws are putting us in greater danger.
Common-sense rules promoting encryption, penalizing bad actors + minimizing data collection would protect consumers from future harm
**my column in The Blaze's tech site Return**
https://www.theblaze.com/columns/opinion/data-breach-exposes-pitfalls-of-customer-identification-regulations
Yaël
yael@yael.at
npub15dnl...3lfc
deputy director @ consumer choice center
fellow @ bitcoin policy institute
québécois-american innocent abroad in Wien
I lived in Philadelphia, Pennsylvania for a brief period 13 years ago and I'm still getting letters and calls from the PA tax collectors trying to crawl back my meager intern salary from that time period
Servus aus Kärnten 

We need a polymarket that runs on lightning
Why is the EU pursing 𝕏 and Elon Musk?
EU competition and moderation policies are on trial, and it’s clear that “free speech” platforms cannot comply with European laws.
The only way forward will be decentralized protocols like nostr
A breakdown in my interview on the Riks Europe channel
Beyond the worries of a broader industry collapse in FinTech, the EVOLVE HACK should prove as a cautionary tale for those who push excessive Know Your Customer and anti-money-laundering laws for services that consumers use every day
me in @The Blaze
https://www.theblaze.com/columns/opinion/data-breach-exposes-pitfalls-of-customer-identification-regulations
👀


Over time, as regulatory muscle over global social media grows, maintaining free speech online will *only* be possible on decentralized protocols with no central point of failure.
That’s why NOSTR is already reigning supreme
View quoted note →
Tbilisi 🇬🇪
Elon Musk wants X to be a premiere free speech platform. But this trajectory is completely at odds with the aims of the EU's regulatory playbook. And this battle is far from over.
Decentralized Nostr wins again.
My latest on EU Tech Loop:


EU Tech Loop
Free speech platforms like 'X' will never pass the EU's DSA test
Elon Musk wants X to be the premiere free speech platform. But this trajectory is completely at odds with the aims of the EU's regulatory playbook....
Public miners and blockchain intelligence. The main beneficiaries of “regulation” on bitcoin. Change my mind.
Always refreshing listening to SEC (minority) commissioner Hester Pierce, who’s advanced innovative ideas to promote consumer-friendly rules + projects for bitcoin, as well as opposing Gary Gensler when his actions go WAY too far (basically all the time). Big fan of getting gov’t out of the way and “letting people choose their own coin”
Said she learned about Bitcoin in 2012-2013 and was most fascinated by “decoupling money from the state”
Yes!
at the DL News event in Brussels


Just published on EUTechLoop, my look at the EU's MiCA regulation and how it challenges the very nature of Bitcoin and its crypto-offspring.
Some good points! But some bad ones as well


EU Tech Loop
Taking a bite out of MiCA, the EU's comprehensive crypto legislation challenging the nature of decentralisation
EU regulators have proudly championed their comprehensive crypto regulation, but does it provide protection while allowing innovation?
Minority opinion here, but I think budget airlines are awesome and a necessary market actor.
In Brussels today at a MiCA roundtable. What should regulators take note of before the full implementation on the EU's rules on Bitcoin for consumers?
I will be there defending the principles of tech innovation, separation of money and state, and the right to use Bitcoin and other cryptocurrencies as we see fit.
article coming soon on


EU Tech Loop
EU Tech Loop
Europe's tech loop for digital transformation and innovation
lol


I'm not a fan of gov't HODLing what belongs to plebs, but just to note that if the FDP gave more influence to MP Frank Schäffler in the German Bundestag, this never would have happened.
Schäffler was successful in getting Germany to recognize Bitcoin as "private money" way back in 2013 (which I wrote about)

Germany’s Recognition of Bitcoin Gives Young People a True Monetary Alternative | Young Voices

Many have tried to warn overzealous regulators about the economic consequences of caps + crackdowns on backend fees, but they continue in hopes of bullying companies into defying market logic
me in The Hill on FTC's ill-fated 'junk fees' crusade that'll cost all consumers more
https://thehill.com/opinion/finance/4756901-ftc-junk-fees-inflation/
France — la coalition gauchiste qui s’est tenue contre la droite est comprise de ceux qui se pensent gagnants, même si tellement de leurs idées sont marginales et dangereuses à la liberté.
Être contre des idées n’est pas une base afin de gouverner. La gauche se mangera assez tôt
Happy Independence Day, fellow American brethren.
I may be abroad, but I still pay just as many taxes as you do 🇺🇸
If only for the chance of getting the Navy SEALS to bail me out in a danger scenario