At yesterday’s hearing, she was asking the deputy treasurer questions about if a validator is in Iran, somehow that means Iran is making millions of dollars. Now, you and I and everybody reading this knows that a validator could be anywhere. It could be in Iran, it could be anywhere else in the world. That’s what’s a decentralized distributed ledger system is. But a validator doesn’t get cash. If anything, a validator could get paid in the native asset of the network, whether it’s Bitcoin or Ethereum, but then you have to have an off-ramp. And the off-ramps and on-ramps are the exchanges, and they already comply with AML/KYC.
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- Source: https://www.coindesk.com/consensus-magazine/2024/04/15/im-a-pro-freedom-candidate-john-deaton-on-his-senate-race-with-elizabeth-warren/?utm_medium=referral&utm_source=rss&utm_campaign=headlines