The Coinbase data breach and subsequent data theft is a wake-up call that we immediately need a wholesale rethink of the BSA and Patriot acts. KYC is a dumb, immoral and unethical idea forced on all of us and needs to stop.

@davidsacks47 and @SecScottBessent should petition Trump to push Congress on this issue. The harm being caused to Americans and businesses is likely in the $$ hundreds of billions.

In parallel, the @EFF (imo) should immediately petition the Supreme Court to find the BSA and Patriot acts unconstitutional. Both clearly represent infringements on privacy, free speech, and due process. With the latter two representing significant case law opportunities. The United States functioned just fine for decades without either and it will function just fine again without them.