58 sats \ 2 replies \ @fiatjaf 24 Feb 2022 \ 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
You're a bit crazy. Without custodianship Bitcoin will never scale.
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5 sats \ 0 replies \ @DarthCoin 24 Feb 2022
A bit? He have no idea about what he's talking...
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5 sats \ 0 replies \ @bartajopsi 25 Feb 2022 freebie
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.
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