Yup. Most crypto maximalists are unknowingly (knowingly?) aligned with terrorists and other criminals looking for anonymity online skirting existing banking rules.
I don’t want to charge people for money. I’m just leery of the I must be anonymous in everything crowd. I’m pro encryption, I’m also pro KYC and other anti money laundering programs — I do think the industry could be disrupted a bit though the exchange fees are egregious. Most of it is just going to profit margin and by activities that are just rent seeking.
I am sure you can make a more efficient banking system if you don't do any checks at all. That's not an interesting observation.
