The Nostr industry here seems to be missing several things on their radar, like this topic. Overall, many Nostr entrepreneurs are behaving as if they're in the Wild West and laws don't apply to them. It's like they're going through that teenage "I'll do whatever I want" phase. They're far from professional maturity and definitely not grown up yet. Many of them are going to have a rude awakening soon.
BTCrevolutionary's avatar BTCrevolutionary
😳😳 @npub12vkc...pugg ya”ll worried about this? image
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I’m sorry you had to use coinbase!! It’s so bad I can’t stand it.. hopefully you don’t have to use them again. Key management/rotation is an issue that needs to be addressed as well
Agreed. If they want to be taken seriously they need to act like it…
Unfortunately there is one local org I support that doesn't want to move off Coinbase 😮‍💨 Yes, key management/rotation. This gets brought up from time to time but I never see a solution proposed.
KYC undermines the whole value proposition though, so its a no go. better to keep going and play 'wack a mole' through decentralized ownership