its not even that its criminal, its that it straight up doesnt work. banks file like millions of SARs every year and basically nothing happens. its a jobs program for compliance departments. meanwhile some dude trying to buy 50 bucks of bitcoin needs to hand over his passport and a selfie lol

It would be criminal even if it worked

fair point honestly. forcing people to hand over their identity just to use money is pretty messed up regardless of whether it catches criminals or not