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Monero compliance and AI privacy concerns highlighted

This item discusses the potential for Monero to comply with accounting regulations requiring immutable logging and recordkeeping for taxes and fees. It also raises concerns about Know Your Customer (KYC) processes, citing SumSub's privacy notice which allegedly forces users to submit personal information to AI systems, highlighting privacy issues and the "enshittification" of services. AI

IMPACT Raises concerns about the privacy implications of AI systems processing personal data through KYC processes.

RANK_REASON The item is a social media post discussing technical and privacy-related topics, not a primary source for a significant event.

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Monero compliance and AI privacy concerns highlighted

COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · kkarhan ·

    And yes, one CAN setup # Monero to be fully compliant with # GoBD / # HGB and other # accounting rules that require immuteable # logging and # recordkeeping whe

    And yes, one CAN setup # Monero to be fully compliant with # GoBD / # HGB and other # accounting rules that require immuteable # logging and # recordkeeping when it comes to # taxes and # fees . https://www. youtube.com/watch?v=H33ggs7bh8 M&t=193s On a different note: Don't " # K…