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Comment by echelon

Performing an ACH will get your account picked up by the FinCEN and KYC dragnet.

These are in no way comparable.

I'm getting tired of these dishonest "crypto is the same" arguments. It's not even close.

Banking is well regulated and monitored. There are mechanisms to protect people, rout out bad actors, and legal means to reverse transactions. Crypto is a "code is law" wild west, full of sharp edges and irreversible hacks and scams.

parent echelon 4 years ago

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