I think it's absolutely brilliant!
Also, what I find, well, let's just say "entertaining" here in the HN comments is that some posters (who don't do very well at identifying themselves!) complain about the as-of-yet-somewhat-"imperfect" (let's just say) at this point in time KYC and identity verification of customers aspects of this thing... (you have to love the double standard there!)
Forgive me for saying this, but aren't all Bitcoin and all other cryptocurrency transactions (at least in all cryptocurrencies that don't track identity) subject to the KYC and identity verification complaint?
In other words, you've got the tiniest of fishes in this pond, Ben, and he's trying to do the right thing, and he at least is a little bit accountable to "the spirit and letter" of doing the right thing -- whereas all of the other black-box cryptocurrencies DO NOT do anything KYC or identity verification wise.
Yet you other posters, you other critics -- are willing to see the "mote in Ben's eye" whereas you are not willing to see the "beam" in your own -- all of the other black-box cryptocurrency, foreign currency, and other systems for trade/transactions that you do not control.
Ye hypocrites!
I have nothing to say to you... half of you are people with agendas paid off by dark money funds, and half of you are bots, also paid off by dark money funds.
Ben, you are on the right track, you are doing the right thing!
Ignore what all of these crackpots, cranks, and agenda-driven paid-for-by-dark-money naysayers have to say!
You always see them, en masse, on any HN article that is halfway political or halfway financial.
They are always hypocritical, always willing to railroad discussions to their political and/or financial ends.
They never observe the bigger issues, and if you debate them they will railroad the debate into corner cases and use those corner cases to make you look bad!
So, getting back to the software, I like it, I think it's absolutely brilliant!
And I'm a human being with a real name, real flesh and blood, and I can own every single damn thing I say on HN, every single damn comment I make, without ever hiding behind an alias!
(Maybe HN should implement a "KYP" policy. That is, a Know Your Poster. policy... That is, know the person making the comments...)
Anyway, way to go, Ben!