this post was submitted on 20 Jun 2025
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On the one hand, I understand the inherent limitations of pseudonymous social media and why a corporation and even end users might benefit from authoritative user identification.
On the other hand, oh hell no.
Exactly. Reddit isn’t my fucking bank. They don’t need to know who I am.
Your bank doesn't even need to know who you are.
On a related note, Bank of America, if you're reading this, my name is floop @lemmy.dbzer0.com, and I would like to withdraw all the money from my account. Nonsequential bills please!
The banks are legally required to know who you are. It’s part of AML and anti-terrorist financing laws
It’s called KYC or “know your customer”.
KYC? Isn't that a sex lube?