Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> The evidence of many, many people being penalized by AML and KYC is abundant.

Then provide evidence that it's affecting 99% or even just "the vast majority" of people.

> You saying that because you've had no problems, then there probably is no problem is like someone who's never personally been harassed by the police while driving saying that reports of police brutality against marginalized individuals are probably absurd. Good for you for turning anecdote into evidence.

No, I'm saying "I had no problems, therefore the claim that the 'vast majority' or '99%' of people have this problem will need to be substantiated."

> Patio11's post, which I've seen, also does no favors to your argument. Using a mountain of verbiage, it elaborates how and why the crap I describe happens.

I never said it doesn't happen. I specifically said it doesn't happen to "the vast majority" or "99%" of people. Patio11's post is very clear that, by definition, this does not happen to "the vast majority" of people.

> If you really think that well connected elites are especially hamstrung by AML, KYC and PEP regulations

I posted a link from a financial advisor that explains clearly that this is exactly what happens. In response, you have yet to provide evidence that these regulations affect the vast majority of people in any meaningful way.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: