speaker stringclasses 2
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A | I just think that's custodial. I don't know. I would not bet against that. I realize. |
B | I definitely wouldn't bet against it. I realize we have been saying it for a while. |
A | I'm like, um, also, uh, what is your take on Aml Kyc? I actually want to talk to him a bit more about this, but, like, he's of the mindset that there are definitely reforms to make. Right. Um, there's over, like, overstepping bounds with Aml Kyc, and also it does help keep the bad guys out of the system. And, you know,... |
B | I mean, I'm not going to say that, like, universally, Kyc AML is bad, of course. It's just like, where do we draw the line is I'm uncertain about, because, like, if we let down this date, apparatus will collect as much data on us as possible, surveil us as much as possible, regardless of, like, the utility function of ... |
A | You know, I actually think Patrick would be open to this. And again, we didn't have time to talk about it, but he was almost alluding to it. He said that even the bank secrecy act in the 1970s, which was, like, put in place basically to stop mobs, they were carrying briefcases full of cash, you know, like, duffel bags ... |
B | These things should be the right to own digital property. Isn't that kind of contained in the original Bill of Rights? |
A | I think possibly, but something like the right to encryption, let's say right. |
B | Or just making it more explicit, you mean? |
A | Yes, and we don't, we don't have, like, privacy baked in to the Bill of Rights, really, anywhere. It's almost like it's sort of implied in the Fourth Amendment, but it's not like it's through, like, supreme court types of decisions, and it's not as strong, like, right to encryption would be incredible. For example, how... |
B | Like, a really crypto first president. |
A | Yeah. It's just like something probably really bad has to happen for us to go to these extents, but, yeah, it's sorely needed is what I would say. What else you got? |
B | I don't know. Should we wrap this? We're at 35 minutes. |
A | Oh, God. All right, guys, sorry we went long. Hope you enjoyed the episode. Give us any feedback if you have it. Thanks a lot. |
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