Dr Ronald Pol, former lawyer and researcher joins me to talk about how and why AML laws are ineffective and simply cost taxpayers, customers an incredible amount. We chat:
- The environment of AML laws
- FATF and how they create these laws
- Breathtaking costs
- Effectiveness around 0.1%
- KYC benefits some criminals
Links:
- EffectiveAML.org
- Twitter: @ronaldpol
- LinkedIn: https://www.linkedin.com/in/ronpol/
- Research paper: Anti-money laundering: The world’s least effective policy experiment
Other relevant episodes:
- SLP165 Rafael Yakobi - Should Coinjoin Users Be Flagged? Is Privacy Illegal?
- SLP239 Jake Chervinsky - Pushing Back On Fincen Non-Custodial Bitcoin Regulation
- SLP196 Is Bitcoin Being Captured (Odell, Gladstein, Yakobi)
Sponsors:
- Swan Bitcoin
- Hodl Hodl Lend
- Compass Mining
- Unchained Capital (code LIVERA)
- CypherSafe (code LIVERA)
- CoinKite.com (code LIVERA)
Stephan Livera links:
- Show notes and website
- Follow me on Twitter @stephanlivera
- Subscribe to the podcast
- Patreon @stephanlivera
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