You are aware that the internet also started around that tume right?
Login to reply
Replies (3)
It's search in books texts as far as I understood. I'm not using Google so I cannot confirm.
Yes sure. But the problem with KYC started with the internet. Before you had no reason to need something like that because people that commerce with you are physacly present
And your point?
That we should throw poeple in jail for moving money outside the banking system?
What if they bought something legitimate? I think the assumption here is all these cases involve a crime. BUT, if they involve a crime why do we need money transmission laws? Why not just prosecute the crime committed?
This is the police state. This is how a communist Gov works - they can convict you and put you in jail even if you are doing nothing wrong.
I don't understand how anyone could find this acceptable.