On P2P payments from their FAQ: “While the payment appears to be directly between wallets, technically the operation is intermediated by the payment service provider which will typically be legally required to identify the recipient of the funds before allowing the transaction to complete.”
How about, no? How about me paying €50 to a guy for fixing my bike doesn’t need to be intermediated and KYCed? How about it’s none of the government’s business how I split the bill at dinner with friends? This level of surveillance is madness, especially coming from an app that touts “privacy” as a feature.
Let’s please not confuse human trafficking (you know, stuff akin to slave trade including sexual exploitation) to sending remittances.
Indeed, let’s not make that confusion. Like possiblylinux127 did.
They are either arguing in bad faith or so focused on ending all crime that they would remove free will and human autonomy in their pursuit.
Not to mention even in the most restrictive frame of existence like prison, where everything is controlled and observed, the very problems they are willing to sell our freedom to fix… Flourish!