L0la L33tz's avatar
L0la L33tz L0laL33tz@cashu.me 1 month ago
Roman Storm's retrial is getting almost no attention so I want to make sure that we are all on the same page as to what this means. If his conviction on unlicensed money transmission stands, and the charges on conspiracy to commit money laundering and sanctions evasion are won, it will end non-custodial no-KYC wallets in the US. View quoted note →
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Replies (15)

John sati's avatar
John sati user57088002@fountain.fm 1 month ago
“They” will do anything to win, the pleps have everything too loose. pleps will walk nicely in line, behave, own nothing and be “happy” on “their” conditions…..a never ending battle lies ahead
The_Crin's avatar
The_Crin thecrin@satlantis.io 1 month ago
even if they finally managed to win the trial, it is most likely that they would still ban self-custody wallets without KYC because obviously that harms all their machinery that makes all their businesses a reality.
sister_sam's avatar
sister_sam sister_sam@primal.net 1 month ago
The prosecution is hideous. But it will not stop non-custodial wallets. Nothing can stop what we can run ourselves anytime we wish.
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npub1ah3a...l76e 1 month ago
How would it end Monero? No KYC? Self-custody? Maybe you mean people won't have access to personal computers in the future? Fight this battle as much as you can, but realize that a full confrontation with the current system is inevitable. So prepare for that outcome. Going dark is not a rally claim it's and act of self-defense.
stupleb's avatar
stupleb stupleb@nostrplebs.com 1 month ago
Most developers are pretty naive, use their real names everywhere and have GitHub accounts. Easy targets to arrest and prosecute. Plus you could just arrest one, then the rest would self-censor.
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Austin 1 month ago
Has sdny ever done anything good?
Aaro's avatar
Aaro _@herbstmeister.com 1 month ago
Govt involvement DOESNT stop software. Ever. See China. Bitcoin still works there. And if they really try, they just make themselves fools while failing too.
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