How can people save Bitcoin from being institutionalized?
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Is the problem still unsolved?
Is it concisely described?
Make the providers of KYC services obsolete via deep fakes
- Create pass-through augmented reality software, where the only thing that changes, is the user's face. This can be used in the mandatory video-chat, where the KYC service provider demands to see the person's ID and match it with their face.
- Prank create accounts on centralized bitcoin exchanges and payment processors as various famous people from the 18th and 19th centuries. Record videos where the other party in the verification video chat realizes they are talking to a dead president.
- Those videos could easily go viral for the amusement factor. They could become a thing, rising in popularity and shining the light on KYC providers becoming obsolete.