L0la L33tz's avatar
L0la L33tz
L0laL33tz@cashu.me
npub1mznw...6mak
Independent Journalist. Bylines in too many places. "Anonymous Internet Commentator" –US Department of Justice. Privacy is not a crime. 💜 https://primal.net/therage 💌 DMs via email only: lola@therage.co
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L0laL33tz 6 months ago
Updated my Xitter name and lost blue-check privileges until the overlords verify that my name really is "L0la L33tz is more fun on Nostr" This is a great feature for people who rely on X visibility for income pls zap so I don't starve to death image
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L0laL33tz 6 months ago
If you have friends or family who believe that online age-verification, digital IDs and encryption backdoors are necessary to protect a free society, show them this article detailing how terrorism, CSAM, drug trafficking and money laundering have always been a pretense for limitless Government surveillance 👇 image
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L0laL33tz 6 months ago
"So you're telling me that *everyone* should have financial privacy" "Yes" "What about the terrorists" image
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L0laL33tz 6 months ago
People always get really excited when I tell them that I write about financial surveillance, and are equally as disappointed when they realize that I mostly write about Bitcoin things. The normie cannot comprehend that financial privacy is impossible to enforce in our financial system.
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L0laL33tz 6 months ago
Anybody want to ask Sen Lummis what stage of ‘Bitcoin will end wars’ this is image
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L0laL33tz 6 months ago
The jury in the trial against Roman Storm is still deliberating and has requested the testimonies of FBI tracing expert Joseph DeCapua and KYC/AML witness Philip Werlau. Requesting these two testimonies is particularly interesting as Werlau had argued that Tornado Cash *could have* stopped illicit funds from entering the protocol by employing 'a central user registry' to check user's identities (i.e. KYC). Werlau also testified that he had employed a "gas fee analysis" to determine that North Korea used the Tornado Cash UI, underlining his theory that KYC on the TC frontend would have stopped criminal proceeds. If you want to know why this is nonsense, jump to the 30min mark in our podcast where we discuss why the gas fee analysis doesn't make sense, why it's much more likely that North Korea used a script, and what Werlau's suggestions actually would have stopped (hint: it's nothing). I'm not a lawyer, but it seems that at least one of the jurors is not bamboozled by the Government, which should be a very good thing as juries must reach a unanimous verdict.
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L0laL33tz 6 months ago
Been so caught up with the Tornado Cash trial that I never really got to tell you all how excited I am about bitchat, so here's an article I wrote on Meshnetworks and using bitcoin without the Internet three years ago. I don't think any of us are ready for how much we'll be needing this with the way things have been going.
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L0laL33tz 6 months ago
That was a lot more stressful than anticipated
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L0laL33tz 6 months ago
Turns out uploading a 2h video takes longer than expected Follow me for more podcasting advice
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L0laL33tz 6 months ago
Didnt think that ‘subscribe to our YouTube Channel’ were words that would ever come out of my mouth but here we are Full episode airing tomorrow 5pm ET View quoted note →
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L0laL33tz 6 months ago
not a single person has donated to our silent payment address but I'd still like to take a second to thank everyone who was involved in making silent payments happen because they are awesome and now also sync insanely fast 🫡 use more SP people
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L0laL33tz 6 months ago
So a lot of people seem to have the hope that Trump will pardon the Samourai Wallet developers. While waiting for the Storm verdict, I took some time to read through the White House Digital Asset Report to see what this administration thinks of financial privacy, and my guys - if you still believe that the Trump WH is in *any* capacity friendly to these undertakings, you are in for a very rude awakening. View quoted note → Effectively, the White House urges FinCEN to deem *all* privacy measures in digital assets a “primary money laundering concern” under the PATRIOT Act. This includes: -> single use addresses, wallets and accounts -> swapping between networks & chains -> mixers, obviously -> “pooling” or “aggregating” cryptocurrencies from multiple wallets Many will now say: oh, but there’s so much good language in the report as well, like the protection of self-custody. That’s true, but the protection of self-custody is contingent on the *lawful exchange* of assets between users. That’s why the White House additionally urges Congress to *expand the PATRIOT Act* and *amend the BSA to cover “DeFi” services*. To ensure compliance in “DeFi,” the White House suggests the implementation of digital identities, that would tie all of your transaction history to your name, so that “DeFi” services have the power to approve transactions. Even when implemented with ZKProofs, as the White House suggests, this would effectively turn a permissionless system into a permissioned one. I know we live in the age of celebrating all the Bitcoin wins, but sometimes things that glitter are just a massive pile of shit, my dudes.
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L0laL33tz 6 months ago
This is a *major* win for DOJ, and a huge huge loss for legislative efforts trying to protect developers from unlicensed money transmission charges. Full article in quoted post. View quoted note →
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L0laL33tz 6 months ago
10k sats to the first person who replaces these lyrics with where's your bitchat