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Omid Malekan
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May 2018
A Defense of Keeping Politics Out of Crypto
Brian Armstrong, the CEO of the leading American crypto exchange, caused a stir recently when he announced a policy of keeping Conibase out of political and social activism to better focus on its core mission. He backed up the decision with a generous buyout for any employees who disagreed. In his own words:
Many companies never stand the test of time, because they decide to dabble in unrelated
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“There are two problems with our current acronym-based (AML, KYC, CFT, OMG) approach to compliance. The first is that it punishes the good guys. The second is that it doesn’t catch many of the bad ones. Crypto is different, and assumes most people are not criminals, for the simple reason that they aren’t. The bankers and politicians who refuse to accept this reality are only protecting the status quo—and their position”
― Re-Architecting Trust: The Curse of History and the Crypto Cure for Money, Markets, and Platforms
― Re-Architecting Trust: The Curse of History and the Crypto Cure for Money, Markets, and Platforms
