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544 points josh2600 | 1 comments | | HN request time: 0s | source
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airza ◴[] No.26714603[source]
The technology is cool, but I don't really know if I want KYC regulatory risk in my encrypted messaging client. I just want italics.
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josh2600 ◴[] No.26714642[source]
I don't think Signal has any plans to scan your driver's license. What they've built is a non-custodial wallet (IE, they can't help you if you lose your keys, and they have no ability to authorize or deny a payment on your behalf).
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1. qqii ◴[] No.26718679[source]
> To try to tame that volatility problem, Marlinspike and Goldbard say they imagine adding a feature in the future that will automatically exchange users' payments in dollars or another more stable currency for MobileCoin only when they make a payment, and then exchange it back on the recipient's side—though it's not yet clear if those trades could be made without leaving a trail that might identify the user.

This would have to involve KYC or harsh limits.