Sooner or later, the entire crypt will become dirty (gray) and cannot be replaced as fiat currency.
I don't think crypto users who obey AML and KYC rules think dirty, it's people with weak minds who think about AML and KYC procedures are dirty, that's weak and lay thinking.
Today is not the era of the 70s, now the era of sophisticated technology, digital/crypto currency has become a popular currency in the world, although it cannot be made into fiat or paper money, Crypto and digital currency market laws cannot use a global recession mechanism or players are worried about the market, unlike fiat.
If you think AML and KYC procedures are dirty, why don't you think about companies and other things that lure big profits on investment by depositing fiat money and big profits in kyc procedures in the end scams, do you think about that where investing with fiat can also disappear into gray.
My advice, don't think what you don't know in the future, think about something that can make you grow today like people who are successful in crypto do, people think profit but you only think what you don't know.
What are you so afraid of?
I don't think the AML and KYC procedures themselves are dirty, I think they (AML and KYC) are totally illegal against ordinary people(but not companies).
As far as the average Joe is concerned, it's a presumption of guilt for an undetermined crime.
If you can't prove you are innocent, you will be guilty by default.
That is, if the police arrest me and demand to prove legal ownership of my pants, if I can't prove it I could be accused of robbing an unknown person from whom I took the pants.
There is no such thing as gray, black, white, stinky and other money, crypto, property, rights.
This is invented to create suspicion in society but with no real evidence.
So that one can accuse anyone of any crime, while the accuser himself bears no real criminal responsibility.
I advise you (no offense) to read the history of the world (including financial and legal) not on the Internet, and in books printed no later than 1980.
You will find a lot of amazing things that are not talked about today.
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We have no choice when it comes to KYC because it all comes down to the ownership of fiat money. See, according to the government fiat money belongs to them, not to you. You're just a user who was allowed to exchange it by the government, but the money isn't yours, it's still theirs!
You can see it by the way they manipulate money. They can print it, but you will be put in jail if you try. If they decide they can freeze your accounts and stop you from using it. They can also take it from you which is called seizing and you won't have it anymore. They can change the value of fiat money and choose not to allow you to take it abroad. It's their money.
You use it and want to exchange crypto into it, but they require AML rules to be obeyed and you don't have a choice between AML or no AML. Your only choice is between fiat money with AML or no fiat money at all. The only thing they cannot enforce is the use of fiat. If you choose to use some other form of payment and somebody else accepts it, they cannot make you stop or enforce AML on that form of payment.
I completely agree with you.
Fiat money is a credit obligation of the state, the rules of which they can change at their discretion unilaterally.
This has been known for over five hundred years, since Medici 1457.
Real money can only be made of gold or silver.
AML or KYC rules are legalized (ratified) by the parliament of a country (jurisdiction)
Recommendations (exactly recommendations) of FATF, which includes 27 countries.
There are more than 250 countries on planet Earth.
I welcome the exchange of crypto for property on an international scale, and the exclusion of fully fiat currency from circulation.
