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0 sats \ 4 replies \ @denationalized OP 2 Mar \ parent \ on: In the long run, are darknet cashu mints more viable than legal ones? conspiracy
You are right - they provide very good privacy. But as of today the providers of those wallets advertise on the clearnet that they are cashu wallets and what mints they use - not carrying about their own privacy at all - run ping legend.lnbits.com to know what the IP of one of them is. My guess is if any custodial lightning wallets be allowed in the US it would be those that KYC their clients and do not use ecash mints.
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5 sats \ 3 replies \ @joda 2 Mar
Onion sites have been taken down too. They're still on a server somewhere. Also, the darknet is not "illegal".
Honestly I think Lightning itself is enough of a "mixer" that government could try to ban it on AML grounds, or force KYC compliance as you say. But that's only for custodial.
The way I think about it, the privacy gains, like with mixers, are statistical. It's like plausible deniability. If regulators force KYC whitelisting, they have to do it to some percentage. It would be like trying to ban all physical dollars that have ever been used for something illegal. You can say some serial numbers are tainted, but only temporarily; once they are diffused, they must again be valid for payment.
Also, a mint isn't "locked" to an IP address or particular lightning wallet. They have an independent, verifiable identity anywhere they "go".
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0 sats \ 2 replies \ @denationalized OP 2 Mar
Onion sites have been taken down too. They're still on a server somewhere.
An onion service does not have to leak the IP of its host.
Honestly I think Lightning itself is enough of a "mixer" that government could try to ban it on AML grounds, or force KYC compliance as you say. But that's only for custodial.
I am not saying that they are not going to try to ban noncustodial Lightning - let that be outside of the scope of this discussion. Solution for now: You can run you own lightning node and connect with peers using Tor.
Also, a mint isn't "locked" to an IP address or particular lightning wallet. They have an independent, verifiable identity anywhere they "go".
True. But the ones listed on https://mintindex.gandlaf.com/ are accessed through a DNS record that leaks their IP. Are there any mints that are offered as onion-only services?
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5 sats \ 1 reply \ @joda 2 Mar
Oh yeah for sure. But we're still in the "fuck around" phase.
I'll dig around because I'm curious too.
Maybe hit up calle on nostr?
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0 sats \ 0 replies \ @denationalized OP 2 Mar
Maybe hit up calle on nostr?
I'm still a noob there and may change my private key due to a problem that I have my client.. As of now my pubkey is: npub1krp2svs6w64y42w3aczwg292v3j905zag7yslzvq8z40uwsknr6sayrv57
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