KYC / AML rules have turned banks against their customers and reversed the onus of proof - innocent until proven guilty - that is at the heart of freedom and rule of law.
Any organisation that starts treating its customers as presumed criminals will soon lose those customers, especially when a better alternative arises.
Crypto is in part a rebellion against KYC.
I have had a lot of professional involvement in going after the money trail of terrorists and I can tell you that the vast majority comes from governments, including naive western ones.
KYC / AML rules are not necessary to confront terrorism or criminal activity.
They arise from lazy authoritarianism and penalise the innocent while the guilty can always get around them.
Do you use Steemconnect or Steem keychain to log into any apps using your keys? So each app knows who you are from the key. What I am saying is that a person could be verified human but can be masked at all other levels. It could be that there is a randomisation of human accounts so it is completely unreadable but, one can verify as human in some way somewhere. For the people who are going to build a brand across platforms, this won't be a problem anyway as they will be known by near default.
It’s fine that there is Proof of Human as long as Proof of Identity is voluntary. Remember the Australia Card Debate?
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These days, proof of human is the challenge. Nope, I have been out of Australia 15 years and don't remember coming across it. I will have to back track it and see what it was about.
It was in the late 1980s.
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