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Gm

The IRS is unconstitutional.

Ah fuck. Not good. Next up on my sovereign journey - learn to use @npub1p2ps...3m82 and receive directly to my own node 😬

GM opt out of the digital panopticon with freedom tech ☀️

Completamente, buen día Odell ☕✨🌞🫂

Wanted to send some more zaps from my node but couldnt fetch invoice 😔

#[0] KYC 👏 is 👏 the 👏 illicit 👏 activity

good morning, great nest yesterday, besides your high level expertise about ... everything 😮 ... i really enjoyed your passion for breweries, bars and restaurants 🫂🥩🥃🍻💜🧡🤙🏻

*queue the demented down-beat version* "They're making a list... Checking it twice... Gunna find out who's naughty or nice!"

Here’s what I think is coming: 1) force all US wallets to be registered under FBAR. Don’t worry, they’ll make it easy to do. Just hand over your tax ID and xpub. 2) release an API to check if a wallet address is registered 3) force exchanges to block all withdrawals to unregistered wallets; force software wallets to block all transfers from registered wallets to unregistered wallets; force businesses to block receipt of payments from unregistered wallets. 3) create a penalty, seizure and / or jail, for having control an unregistered wallet. If your unregistered bitcoin is transferred to a regulated entity, poof it’s gone. Of course this won’t stop bitcoin. It’s just going to make life for Americans hell unless a few States stand up and push back. Also, countries will compete for bitcoiners so there will be places to go.

Holy fuck

Imagine if kraken stood tall and refused. "we'd rather close down shop than betray our customers". EASY, I sad imagine..

The power to enforce such laws largely comes from the money printer. Hopefully without an unlimited money fountain, the influence of the state dwindles over time.

Fourth amendment is a joke wtf

alwayshasbeen.jif

This seems to coincide with the timing of “operation Chokepoint 2.0” narrative that the US is preparing to heavily regulate, restrict, and squeeze crypto into compliance

Need to orange pill more judges on how code is free speech.

Nah. I won't allow it. So we good.

Too late for the existing customers. Not too late for the future ones

+1 I see it evolving into a fight between 2 networks and network effects with largely one-way connections between the two. The superior permissionless p2p network will be getting exploited through the one-directional leakage to the KYC one until the tech improvements obliterate the censorship of this connection. Fortunately, the harder they squeeze, the faster the tech evolves.

Good morning, KYC is the illicit activity

USA: At step 2 we're transitioning into a Government as a Service company

I have found the only way they can do this is if you incorporate with them (i.e. 501 c3, llc, s-corp,...) then you are contract with them and they can say and do whatever they want. Also, don't get licensed with them. Soultion, don't sign anything with them! Just set up shop and start taking Bitcoin. :) Then if they try and start something with you, they become the criminal.

GaaS

kycnot.me View quoted note →

Like CBDC —> govt as a service. A bureaucrat’s dream.

And just like India buys Russia’s oil and then resells it to Europe with a markup, I’m hoping for a rich ecosystem of global entities that want to help take advantage of the arbitrage and move funds between networks.

Geopolitical Economy Report

Europe pays more for banned Russian oil, resold by India - as EU wages fall - Geopolitical Economy Report

The EU boycotted Russia's oil, yet buys it at a higher price from India. Energy costs fueled inflation. Workers' wages fell 6.5% in 2022.

Gm