Privacy

32424 readers

469 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

Related communities

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago

MODERATORS

[email protected]

570

EU moving towards total monetary surveillance and banning all anonymous payments (lemmy.ml)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

151 comments fedilink hide all child comments

How to contact your MEP: https://www.europarl.europa.eu/portal/en/contact

Source: https://snort.social/nevent1qqsvcedd6dg39eh6633uqqff0p9h2zqyhu3zd6kwyyhzqj7da02x4pszyqe2wpknmwkyd0t295d5ezvtaxr00ngxjtcfuct8pfvyec3snckpwqcyqqqqqqgz2f7lp

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 9 months ago* (last edited 9 months ago)

so any business which accept crypto must KYC every one of their customers

No, any business must use a KYC custodian for their wallets. I don't think they'll need to KYC their customers, they'll just need to account for those transactions in their accounting.

So if the company accepts Monero, the Monero wallet would need to be with a custodian, but you'd be free to use Monero to buy stuff and remain anonymous. At least that's my read.