Oddbean new post about | logout
▲ ▼
fiatjaf | 8 months ago (raw) | root | parent | reply | flag +3 
 Prepaid also requires full KYC in Brazil.
▲ ▼
deimos | 8 months ago (raw) | root | parent | reply | flag 
 KYX/AML is about control, not fraud. https://www.effectiveaml.org/the-biggest-problem-with-aml/  this guy wrote an amazing paper about how ineffective KYC/AML is around the world. Now he's turned it into a business. 

Lot's of places require KYC for prepaid, because otherwise "terrorists" win or something. Genuflect to the USA Patriotic Act first please.
▲ ▼
mleku | 8 months ago (raw) | root | parent | reply | flag 
 in #madeira  you can buy a vodafone sim that is good for a month at the airport without ID