Some exchange just blocked my coins because of the ‘travel rule’.
For the sake of good, spend your sats so we don’t need on-and off-ramps anymore.
#Bitcoin is completely useless (and thereby worthless) if we don’t use it as a medium of exchange.
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Replies (21)
Was that in Japan?
In the EU
Which one?
bitcoin.de
You got to love the Cash app guys for pushing the envelope
Also the lightning network is awesome if you use it
Thank you captain obvious 🫡
The point of this post is to make people understand that we can only emancipate from tradfi ones we start using Bitcoin as a medium of exchange.
If we don’t the only usecase will be NGU and on the long run we will even lose that.
The solutions are literally being built for this exact issue bitcoin has, do you think darknet markets are gonna use bitcoin again if we all just start using it? who has managed to make the law irrelevant to function?
Who has made the law irrelevant to function I would like to know aswell, please tell me 🙏
The only path to make the law irrelevant is when large number of people start adopting a bitcoin standard and actually use it as a means of exchange
As bitcoiners we have a certain responsibility to:
- ⚠️ hold your own keys
- 🖥️ Run your own node
- ⛏️ Run a miner (nerdminer, brains or heatbit will do)
- ⚡ Spend (and replace) lightning, cashu
- 🛒 Suggest to your local merchants to accept bitcoin ☕
- 📚 Learn about Bitcoin, Lightning, nostr
At your service xoxo
Bitcoin wins once exchanges become a one way street.
Thats the goal.
Spend your sats so merchants are incentivized to grow acceptance!
Use Robosats and Bisq in the meantime
I want the state to know that I have sold everything
Good point
nostr + cashu kinda make dnm's irrelevant no?
What is the travel rule?
Of course, the Germans. 💩
NoKYC P2P is the only way how Bitcoin works out.
Kyc regulations
I hate that travel rules. I had the same problems...