5 sats \ 0 replies \ @bartajopsi 25 Feb 2022 freebie \ parent \ on: Given the situation in Ukraine, if you're using the default (custodial) channel that comes with @SimpleBtcWallet you may be at risk losing your funds | @zerofeerouting bitcoin
It's not about "without custodianship". It is about "not without custodianship". The existence of KYC is fine - the idea that one day no "no KYC" options are left is sickening.
And it's not crazy at all. If there is no wallet without KYC left (remember that wallets are essentially just basic mathematics + internet, why the does that need kyc) I could just go right back to Paypal and invest in other hard assets as real estate or stocks.
Nobody asks me for my id or phone number when I buy a croissant at the bakery with bills and coins. So sad to see that even in a bitcoin website people don't see that an online equivalent is necessary.
Love this older video of Antonopoulos. The metaphor of boats is so genius. Especially 25:44.
The elites WILL prohibit you from getting in to the lifeboat of BITCOIN!!!!
Nah, Switzerland is the epicenter of the elites secretly running the world. They profit from fiat and hoard wealth. They want to squeeze us. They hate bitcoin and us.
It would be funny to see the left having a cognitive dissonance stroke when Russia uses its massive amounts of methane gas under the permafrost to mine bitcoin. Methane is the most low hanging fruit to fight climate change.
GENESIS