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What's the best way for a hacker to understand legal requirements?

I'm building in crypto, where KYC/AML become the primary challenges for building interesting things, the tech is the easy part.

I typically bootstrap, try to find product-market fit, then grow. But with the legal challenges, it significantly raises the barrier to entry.

As someone who is a project-based learner, used to diving into the deep end, and figuring everything out — what's the equivalent of that in law? Reading old cases? Reading guidelines from the government? With tech so many people say things that aren't true, then you can go try them for yourself and verify — how do you do this in law?


To confirm that your software works, you test it on a computer for $1. If you're wrong, you've wasted a few minutes of dev time and electricity. A programmer can often point out problems before you run the code.

To see if you're complying with the law correctly, you test it in court for $10K. If you're wrong, you may be fined or imprisoned. A good lawyer can often point out problems before you go to trial.

As long as the law "runs" on the minds of judges and juries, it'll be unpredictable.

(Bonus: To see if your cure for cancer works, you test it in clinical trials for $1M. If you're wrong, people may be harmed or even die. Testing on animals can often point out problems before you use it on humans.)


Exactly this. Most "non-custodial" web wallets will die as a result of this change (some may even lose money/assets). Very unfortunate Apple!


Hey HN, this is a new open source tool I launched. It's a way to create directories like DMOZ, Awesome Lists, Yahoo Directory and Reddit on the blockchain.

The big idea is when people upvote, everybody who contributed to that content (the submitter, the category creator, even the original person who uploaded it to the blockchain) gets paid.

I know Bitcoin (SV) doesn't have a great reputation on HN, but I'm mostly interested in building new things (like this) and seeing what's possible. Let me know what you think!

Here's some more info if you're curious: https://twitter.com/synfonaut/status/1131670653889859586


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