logoalt Hacker News

kingleopold • today at 3:30 PM • 1 reply • view on HN

do you know how many laws and reg. exists to stop that? is it too hard for you to understand how finance steals that from you? you can build almost $0 fee system even today but regulator + lawyers in banks will come after you to put you in prison for not paying millions to licence for each state or several states. Things are simple, rent seekers stealing from everyone is not.


Replies

ShinyLeftPad • today at 4:16 PM

You can build a 0$ fee system, but how are you going to finance its support, KYC to prevent mad ransom money laundering, etc?