Discover and read the best of Twitter Threads about #Coinfirm

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1/ So. #Cardano curators decided to advance regulatory compliance of $ADA token, partnering with #Coinfirm, provider of (#AML)anti-money-laundering analytics.

Bad move all around, disappointing. Here's why: (THREAD)
2/ The excessive regulation is how the banking system was choked to death. With this announcement, it would seem #ADA is proudly announcing they want to follow in their footsteps.
3/ While still a free and decentralized network, this brings #Cardano closer to becoming a censorship-prone, politicized, and manipulated network. If you're going down this route, there are far better tools for the job - Facebook's Diem, #CBDCs and the networks they'll spring up.
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