reply on: SN elects to go noncustodial on Nov. 5th

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10 sats \ 12 replies \ @k00b OP 15 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta

SN will be useable without an attached wallet. Without an attached wallet, newbs can still earn real bitcoin as rewards, zaps will just take the form of cowboy credits.

Are territory owners not afraid their investment will be adversely affected?

If they are, they can email me as stated in the post.

0 sats \ 11 replies \ @Solomonsatoshi 16 Oct

Thanks for reply and to clarify - so CCs can be converted to Sats and transferred to a LN wallet as Sats if a newbie at some stage connects to SNs with a LN wallet?

0 sats \ 10 replies \ @k00b OP 16 Oct

No CCs cannot be converted into sats.

21 sats \ 9 replies \ @Solomonsatoshi 16 Oct

Bummer. Because the government regulators don't allow you to custody Sats for users of the platform? The tentacles of the fiat debt slavery bankers cartel are extensive and suffocating.

41 sats \ 8 replies \ @k00b OP 16 Oct

Yes, we cannot custody money for other people without KYCing them. I'd rather kill myself making noncustodial stuff work well than require stackers to KYC.

14 sats \ 0 replies \ @Solomonsatoshi 16 Oct

Yes understand, and I hope it can work. They will try everything to stop us having the freedom to choose an alternative to their parasitic fiat monopoly. We just have to fight back constructively and you are doing a great job of that.

10 sats \ 6 replies \ @libertas 17 Oct

Could you move SN HQ to a more favorable jurisdiction so you don't have to do that?

0 sats \ 5 replies \ @ek 17 Oct

It doesn’t matter where HQ is, it matters where your customers are

10 sats \ 4 replies \ @libertas 17 Oct

That's a bit confusing. So the US could theoretically come after a non-US company because US customers are using their service?