removing the app from US app stores will not satisfy regulators - they will expect kyc on all users globally to make sure americans are not using it
yes, that is fucked up but that is how large custodians have been treated in the past
removing the app from US app stores abruptly with delayed comms indicates a level of panic from their team that is a concern - the only responsible path forward requires deliberate action from the wallet of satoshi team to encourage users to withdraw funds ASAP - otherwise the next course of action is likely a panicked shotgun kyc of all users without notice
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Coincido completamente 👏 Odell ✨⚡
Do you anticipate similar from Alby and the like as well?
We the people
There are other paths forward other than KYC'ing the world and we're building them right now.
But they are not a US company & are located out of Australia right?
So things might get weird right?
they really can't stop anyone from side loading.
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#runyourownnode
If they really wanted to stick it them, they'd allow for its integration with cold storage wallets... Stop holding customers funds and allow the plebs to self custody
It sure seems like this and the other crack down on exchanges is all part of the big picture.
First they laugh at you. Then they fight you. Then they assimilate you. We are likely in the phase of assimilation. With the open block chain plus kyc/aml (compliant exchanges and on/off ramps) they would have the control they want. Even though in reality only a small percentage of BTC transactions are nefarious. That's a narrative that is ingrained in politicians minds (along with most mainstream). They will easily pass laws that prohibit non kyc Bitcoin.
GE
The need to open source it *last week*. Go scorched earth like the guy who ran Snowden's email service.
Can’t you still use WoS pseudonymously? How can I be shotgun KYC’d
Can't withdraw until you prove your identity with license.
Why should we non-US peeps care about what the US govt wants?
who in their right mind would hold more than 100k sats on there? I have like $10 worth of btc on there I don’t give a shit what happens to those funds.
if Bitcoin is commodity, do Americans have to KYC to sell hogs?
I've heard they log your IP address. As long as you haven't "backed up" your wallet it should still be relatively anon if you're using a vpn
But I thought ya'll were gonna live in a black market utopia when SHTF @ODELL? These kind of capitulations are only the beginning. The majority own less than 1 BTC. They'll all be forced into the bolshevik banking cartel's approved custodians. It's okay. You'll feel vindicated while meme-ing from your beach house in El Salvador.
This is spot on. Nobody on earth can offer payments via internet without getting entangled in US executive dictates.
Australia is known to respect "laws".
self host is necessary
self host is necessary
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