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I agree, but why? Is it just a coincidence that this happens months after BlackRock, run by Larry Fink, who is incredibly well connected to the government, gets their spot ETF? It seems like a blatant attempt to make sure bitcoin is controlled and run by Wall Street.
There is no way this can be a coincidence. If they can get everyone onto KYC exchanges and wallets that are subject to government regulations they can control Bitcoin and eliminate the threat to fiat currency.
I can even see them going so far as to issue “paper Bitcoin” not actually backed by anything.
It won’t work but they will try.
Remember: not your 🔑s, not your 🧀
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What I'm waiting for is to hear Saylor or Larry Fink address this issue.
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Some LN service providers start building KYC features, for example UMA fucking around with LNURL and pressure with money some providers to implement their "clean LN", if I had to bet... they know something ahead of the rest.
This is an attack, that is clear, but bitcoin will survive.
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