I traded on Binance back when they let anyone on. It was wild you could just deposit your crypto and go nuts. No docs needed and limits were very high before any type of verification kicked in so I’m not surprised it was abused.

Wow that was a great read. Leif comes across as very perceptive on multiple fronts here.

Unfortunately I think his warning about the internet ending up like “souped up TV” is looking more likely by the day.

Right now it’s quite easy to force a site or service to bend the knee to outside pressure. No matter how right or wrong that pressure is. People will go after hosting and ISPs, if that doesn’t work they’ll tie people up directly in the courts. You must provide real contact info and be willing to play ball if you operate on the old web.

Embracing encryption is the only thing I can think to do to avoid that. Which honestly kind of sucks, because while true anonymity would save sites like Omegle who act in good faith and police themsevles in a reasonable manner, others that don’t will also be protected. I think the pros out weigh the cons with anonymity but that is a hard pill to swallow for many.