Join us in 1h to discuss the current regulatory attacks on self-hosted wallets as #privacy payment and fundraising instruments with use of #bitcoin and what we can do together to protect our #freedomtech and financial freedoms.

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Check out our piece in Blockworks about the effect of the halving on renewable penetration in Bitcoin mining blockworks.co/news/renewable…

“A company that created a wallet has no control over the contents of the wallet.”

This is just common sense—but the US gov has thrown common sense out the window with its treatment of digital wallets.

Wallet providers ≠ banks.

Uncle Sam should stop pretending otherwise.

If “non-custodial software” is a “money transmission service,” then every person holding cash in their house or wallet is a “money transmitter.”

They should be honest about what they are really trying to outlaw here: people holding their own cash.

Just read this! Wow! I think this is a good moment to remind this conversation with you Lyudmyla Kozlovska 🇪🇺🇺🇦

We need more action, more #Bitcoin education.

Listen about the attacks on p2p transactions in #Bitcoin in #Nigeria

Wake up Europe, the digital age is bypassing you. You have no Google , Amazon, Meta, Apple. You arrogantly called SpaceX a fanciful dream and it wiped out the European Space Agency. You have no Nvidia and your response to AI has been to regulate before you have anything domestic…

That Is Not A Grouch Wicked in society civil servants literally work for us. yes policy evolution risks being erratic, but that's reason to inform, lobby, influence policy away from anti-innovation directions, and keep regulations tracking what society wants not reactionary media, and political knee jerk.

Don't tell me there are no heroes in #bitcoin : just be one!

See you on BTC Prague , guys!

You are now seeing why what Samourai did was so reckless and irresponsible.

They made themselves an easy target. They committed obvious crimes and publicly baited the law.

Now, other companies who have not violated any laws are spooked and withdrawing from US markets…

Bit Paine ⚡️ There’s also a risk of “bad facts making bad law,” a cliche in the legal field describing situations where a judge is so turned off by a defendant (or plaintiff in a civil case) that he issues an expansive holding against the party, which creates bad precedent.

In the case of…

Most people I speak with don’t care about a use case for billions of people under authoritarian regimes. People believe they don’t need it. When do people believe they are living under an authoritarian rule? Is it when you’re not free to choose the money you want to use?

US prosecutors say bitcoin is money.

It's Schrodinger's money. It's a 'speculative asset' when they want to describe it as not important, but then becomes 'money' for the purposes of laws regarding money transmission, and then back to 'speculative asset' again.

This is a serious problem for #bitcoin in the United States, legislative reform/repeal is necessary before we all get persecuted.

Cursory thoughts RE: the Samourai Wallet indictment

1. Noncustodial P2P software is not a money service business.

Putting aside the question of how SW's founders intended their platform to be used, their software should not be classified or regulated as if it were an MSB.

As…

The SEC, IRS and FBI have all attacked crypto this week.

Our industry is under attack.

This attitude towards our industry will force companies overseas and hinder the innovative growth in America.

“An unhosted wallet is a digital wallet that holds your Bitcoin in the same way your physical wallet would hold US dollars.”

And now the IRS wants to regulate those wallets as if they were major financial institutions.

This is patently absurd.

“The FBI warns Americans”

Strange how we got here given that privacy was enshrined in the Bill of Rights in 1791

Just good to remind this discussion now.