Oddbean new post about | logout
 I still don’t understand what people have against KYC. 🤷🏻‍♂️ 
 It ties an identity to a transaction. 
 I mean, that’s kind of obvious, it’s in the name, lol.

I’m just trying to understand why a person feels like they have to hide everything they do. 
 It's not about what you have to hide. It's simply about privacy. If you're cool with giving up privacy for no reason, you lost the plot. 
 If you don’t mind paying higher fees for your privacy, you do you, I haven’t lost anything. Y’all need to loosen up the tinfoil, you’re not that important. 
 No one is telling you to do this. Believe what you want, do what you want.

GFY 
 Thanks, captain obvious. 🤦🏻‍♂️ 
 I would think the benefits of maintaining financial privacy would also be obvious