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

21 sats \ 9 replies \ @Solomonsatoshi 16 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta

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?

10 sats \ 1 reply \ @ek 17 Oct

Yes, because they are providing service to US customers

10 sats \ 0 replies \ @CruncherDefi 19 Oct

What about those "I confirm I am not from US/UK, as SN service is not available to those jurisdiction" modals? It seems this is the way many projects are going for.

@koob

0 sats \ 1 reply \ @k00b OP 17 Oct

Yes.

0 sats \ 0 replies \ @Solomonsatoshi 17 Oct

Global fiat hegemony - don't you love it? Bitcoin ~ will ~ fix ~ this ~ one ~ day?