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A PIECE OF MY MIND -> TORNADO CASH EDITION
301 sats \ 8 comments \ @EverythingSatsoshi 8 Sep bitcoin
So just as expected, the open-source project has been deemed an "invisible company" by the DEPARTMENT OF JUSTICE simply because North Korean hackers used it to move hundreds of millions of Dollars on 3 occasions.
This is obviously a direct attack on Freedom Technology that's long been foreseen. Protocols like NOSTR, Cashu et al would be fun to watch, as to how resilient they'd be since they're tethered to bitcoin.
Sad take aways here are, first, the ridiculous precedence this sets, as well as the bias of who gets to use open-source software before it's being deemed an invisible company. Mind you the FBI also used Tornado cash, as well as the recent Indian crypto scammer(s) (WaziriX) and those guys are roaming freely.
Thoughts on this as devs or non-devs?
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21 sats \ 0 replies \ @clarity 8 Sep
As a dev, these lightning nodes don’t have a single point of failure, and SN is open source. The idea can be shunned and made illegal, but the infrastructure is TOR and the website can be spun up anywhere. I shrug whenever I see “oh no! They’re going to take away my fun”.
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0 sats \ 1 reply \ @rebel_nomad 8 Sep
Hopefully the geopolitical, big stuff has come a bit further when these demonic fuckers get around to even having Nostr and the underlying tech of Bitcoin on their radar...
So much of their shitty laws & regulations are built on powergrabs, insane decisions like letting a corporation "identify" as individuals, and especially assuming that US interests can get whatever done in other jurisdictions.
What Russia is doing, with things like basically offering temporary asylum for refugees from the woke, will long term blunt these types of lawfare weapons. How long will that take? Lets hope its years rather than decades!
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0 sats \ 0 replies \ @028559d218 8 Sep
Russia bombs civilians in Ukraine, and puts journalists in Russia in prison. There are virtually no free elections in Russia or independent news sources. Russia, with very few rare exceptions, is not an 'asylum' for anyone.
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0 sats \ 0 replies \ @bitalion 8 Sep
The problem is not open source, the code is still there. The real problem is the creators behind the code. Why do you think Satoshi Nakamoto disappeared and never revealed his identity? It's the same with Samurai and its creators, they are subject to laws in their countries, governments don't want you to have privacy, it's that simple and they will attack anyone who takes away their power.
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0 sats \ 0 replies \ @fakebookbuzz 8 Sep
They cannot even fathom the chilling effect with all the open source projects that they are trying to kill with over scrutinizing and over demonizing. Open source projects like tossing a coin 256 times then convert to Base58 is something that they cannot criminalize and most of us can do just that and have stash and nostr. You do not need to consult devs for this. The method of tossing coins I mentioned is more than enough to create a new Bitcoin private key and with private key and public key , and right after that you have a stash. Yes they can intimidate the open source community but there is such thing as no tech hacking.
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0 sats \ 0 replies \ @mo 8 Sep
invisible under the eyes of legislation...
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0 sats \ 0 replies \ @profullstack 8 Sep
i bet big tech is behind it all too.
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0 sats \ 0 replies \ @Coinsreporter 8 Sep
Yes, you're absolutely right. They are all behind free technology now. But I'm hopeful. I believe that the good must prevail above the rest. Also, open source or FOSS, imo, is bigger than the thought of an individual, a government, a law, and anything else. Yes, they'll try to curtail it but they won't succeed. FOSS is so big that philosophically speaking, I'm seeing it as the next big thing that takes the world under one hood. I agree the wazirx has been scammed by the one who owns it.
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