Huge respect to @Wallet of Satoshi and everything they've done to push Bitcoin adoption. 🫡
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For sure but cowardly way to leave tue US market on Thanksgiving day. Horrible timing...
Why cowardly, what should they have done differently if the pressure from the USG is likely happening now?
Alternatives were to:
- wait around un-registered in the US market and likely incriminate themselves further
- start pursuing kyc and compliance, which would also mean they'd absolutely need to shut down asap until compliant
They made the only move they could as a custodial service imo. It's why @Blink Wallet has never served US users from the start
Medium. I would understand leaving the US market if they executed this plan better such as announcing it and NOT doing it abruptly when all of the US is eating and drinking all day, distracted by family events.
ser, can we skip lightning and go basechain to ecash?
Finally someone posting something reasonable about this whole situation 👍🏻
They knew about this decision to pull for a time period and didnt give customers that knowledge. Its not a should they have just waited around situation.
Im not angry at WOS, obviously they are reacting to a threat. The problem is we don't know exactly who the threat is.
Timing was quite sus.
They're an Australian company and don't celebrate, but still, it's a bit suspicious.
They know we eat Turkey and watch American football dammit! 😂
Not sure if serious or satire 😅
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Unless you're a gov't insider or a WoS employee you don't know anything about when they realized they needed to do something about US users and how long they "sat on" that info
If it's a case of pressure from gov't, usually you're not allowed to tell your users, at risk of making things much worse for yourself if you do (assuming you've decided to comply)