I don't think Georgia has copied what I think of as the mistake of KYC, yet at least.
I feel KYC regulations as they exist today are a big mistake, that does little good, more harm than good and causes a lot of extra work and annoyance.
People always seem to think that de-anonymizing things will always make things better.
As I get older I feel the more someone wants to know my real identify the more likely I am to be abused somehow.
Meanwhile, talking to thousands of absolute strangers here on HN or via an anonymous reddit account or something feels relatively safe.
I have also with time started to think that in the long run the risk from governments harming me or my family is a lot bigger than the risk that someone else does it.
Perhaps expand on this into a blog post and post it here on HN...?
Even if the ship has sailed on living in an identity-optional society, at least in most of the world, I still think it's good to record the benefits of such a society.
At least in Thailand, no, you do not have an account with the ATM provider to use the cash deposit functionality. The closest thing to KYC is that most ATMs have a security camera.
KYC is not needed as cash is still a thing. It’s accepted that pretty much anonymous physical transactions can and will occur and the police will need to do old fashioned detective work to find the criminal.
No - you don't give your identity to the ATM, or to the website. Which is lucky, because Georgia doesn't even have a good record of every citizen's name....
