[AnAfrican]

The PEP part of the Rogan interview was when I understood Andreessen was most likely bullshitting. Funny how this is not clearly stated, most likely because of who Andreessen is.

[zith]

I wonder why Andreessen needs to use disinformation to shape opinion if the actual problem is so bad? I find it very unlikely that he does not know how PEP actually works.

It is so demonstrably false. Anyone who has worked in an finance adjacent industry likely knows the definition of a PEP.

[AnAfrican]

Seems to me that he has crypto-related goals but involves more people to gain political support. The OP article's last paragraphs make it quite clear IMO.

[stainablesteel]

what was BS about it specifically? people were in fact getting debanked, outside of crypto too

[AnAfrican]

It is explained in the article.

The concept of Politically Exposed Person has nothing to do with views in US politics.

It’s really about foreign officials and their families. And, in spirit, it’s really about officials from countries with high corruption risks.

And Andreessen knows it. That’s the bullshit.