top | item 38613412 (no title) nerdbaggy | 2 years ago No signup required to transfer money. Sounds like a KYC nightmare discuss order hn newest mtmail|2 years ago Start with know-your-payment-provider. Who am I signing a contract with? ketzo|2 years ago I mean, I think they’re intentionally avoiding any interaction with the traditional financial system.Super not a lawyer, but if you’re not even interacting with dollars, let alone acting as a custodian for customer funds… does KYC still apply? ForHackernews|2 years ago Were dollars ever exchanged at any point for these digital Chuck E Cheese tokens? Seems like https://en.wikipedia.org/wiki/Liberty_dollar_(private_curren... or casino chips might be relevant precedents.
ketzo|2 years ago I mean, I think they’re intentionally avoiding any interaction with the traditional financial system.Super not a lawyer, but if you’re not even interacting with dollars, let alone acting as a custodian for customer funds… does KYC still apply? ForHackernews|2 years ago Were dollars ever exchanged at any point for these digital Chuck E Cheese tokens? Seems like https://en.wikipedia.org/wiki/Liberty_dollar_(private_curren... or casino chips might be relevant precedents.
ForHackernews|2 years ago Were dollars ever exchanged at any point for these digital Chuck E Cheese tokens? Seems like https://en.wikipedia.org/wiki/Liberty_dollar_(private_curren... or casino chips might be relevant precedents.
mtmail|2 years ago
ketzo|2 years ago
Super not a lawyer, but if you’re not even interacting with dollars, let alone acting as a custodian for customer funds… does KYC still apply?
ForHackernews|2 years ago