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KYC should be redefined as UYC (undignify your customer); and AML should become ASDA (anti-self-determination and autonomy) (slrpnk.net)
submitted 11 months ago by to c/cash@slrpnk.net
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cross-posted from: https://slrpnk.net/post/31246483

Too many people are okay with KYC over-achieving banks collecting excessive amounts of data on people. “Know Your Customer” sounds innocuous. People have taken the bait. They will give in to whatever information a bank demands.

It would be a great feat to give the population the wisdom and pro-humanity culture they are lacking. Just like with WWII, it was hard to smear Hitler amid the braindead/brainwashed masses. But subtle language and symbolic augmentations can have some effect. Language is important. And it’s important to ensure language prioritises humanity above the machine.

Though I have no idea where we can replace KYC with UYC because the language is almost wholly spoken by our adversaries.

AML is another shitty phrase that deceives people into believing it’s a force of good. As forced-banking gets a stranglehold on us, we are losing our human rights: self-determination, autonomy, consumer rights.

I must admit ASDA (anti-self-determination and autonomy) is not spot on either, because it’s not obvious from the phrase that it’s a replacement for AML. But it’s a start.

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[–] 1 point 11 months ago

I don't even see that as necessary. without the account number there is nothing really sensitive in it. that being said it would be a big step up if they did the encrypted pdf as long as you could decrypt them without running around to a bunch of other places. So I could see getting the key from the portal for emails from them but they should not change it for every email so once I had it I should be able to save them from my email client without any more fuss. Unfortunately when institution sends encrypted communications they tend to use yet another portal which makes the whole thing even worse.

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