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Banks have this rule and it's terrible. My proposed alternative: if someone spams you, get them arrested.
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Please walk through just how you'd accomplish this, at scale, in a system with many chain-of-authentication holes, spanning international jurisdictions.

Please walk through as well, what the privacy, surveillance, data-disclosure, third-party bad-actor, and authoritarian-government risks of such a system would be.


Exactly the same as it already works in most countries




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