Oddbean new post about | logout
 KYC is a scam.

https://m.primal.net/JMEm.png  
 So is AML, the other leg of the same beast. 
 Ironically though, wouldn't this be a rare case where KYC could make the "problem" of hackers printing duplicate barcodes to resell a moot point? 🤷‍♂️

I hate KYC as much as the next guy, but this argument re: ticketmaster seems like an own goal 😕 
 Remember when you could just go to the counter hand over cash and they gave you a piece of cardboard you could exchange for a wristband, what happened to that? Was it really that bad? 
 Ticketmaster _does_ allow you to buy tickets using a throw-away email address, fake name & address, one-time virtual credit card, and fake mobile number - at least in Europe.
No need for KYC ...