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Published: Sept. 23, 2021, 11 p.m.

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TODAY'S \\U0001f399SHOW: Douglas Tuman interviews Wesley Thysse of decentralized legal system.com, who recently made a splash on r/cryptocurrency with the posting of his report on what regulations he believes governments worldwide will begin to enforce with regards to crypto.

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The two discuss Wesley's research into the Financial action task Force and their recent recommendations to G20 on how to approach crypto currency, and why and how the FATF has so much influence in bringing forth financial regulations in the US and globally, especially considering it is not an elected body.

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The two also discuss Wesley's thoughts on crypto and in particular monero as an unstoppable technology and whether betting on Monero in the face of mounting regulatory headwind is sound.

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\\u23f1Timestamps:
\\n0:00 \\u2013 Intro
\\n2:05 \\u2013 Monero Talk Starts \\u2013 Wesley Explains Reddit Post
\\n6:32 \\u2013 How often are FATF recommendations used
\\n9:40 \\u2013 Soft laws and the FATF recommendations
\\n10:10 \\u2013 What interests are behind the FATF?
\\n11:45 \\u2013 Wesley discusses how these laws are implemented
\\n13:03 \\u2013 Doug points out elected officials are taking recommendations from organizations that weren't
\\n13:30 \\u2013 FATFs goal is to prevent money laundering/terrorist financing.
\\n14:32 -What do you think the motivations behind these organizations making recommendations
\\n16:50 \\u2013 The wealthy tend to benefit from these new laws
\\n19:50 \\u2013 What are they try to achieve with these regulations
\\n24:38 \\u2013 How will they try to approach regulating Monero
\\n26:38 \\u2013 Will this stop Monero?
\\n29:32 \\u2013 Monero is still Unstoppable
\\n35:20 \\u2013 Wesley\\u2019s thoughts on Bitcoin culture of \\u2018Number Go Up\\u2019
\\n37:55 \\u2013 How does Wesley align with crypto
\\n40:37 \\u2013 Wesley\\u2019s thoughts on those who are \\u2018all in\\u2019 with crypto
\\n44:11 \\u2013 How to deal with news of Regulation, The silver lining of crypto regulation
\\n47:16 \\u2013 Will Regulators use Monero to better understand it?
\\n51:03 \\u2013 Why is Monero treated differently then Cash.
\\n56:04 \\u2013 CBDC, Stable Coins risk to Financial System
\\n1:02:30 \\u2013 Wesley\\u2019s recommendations for the Monero community
\\n1:03:51 \\u2013 Don't fear incoming regulation. Keep using Monero
\\n1:05:44 \\u2013 Outro, where to find Wesley\\u2019s work

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\\U0001f517Links:
\\nWebsite: https://decentralizedlegalsystem.com
\\nTwitter: @Decentral_Law
\\nReddit Post: https://np.reddit.com/r/CryptoCurrency/comments/o9fd7l/governments_planning_global_coordinated/

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\\U0001f6a8SPONSOR:
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\\nWebsite: https://sweetwater.consulting

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\\nWebsite: https://changenow.io/

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