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

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88 sats \ 14 replies \ @k00b OP 19 Oct \ parent \ on: SN elects to go noncustodial on Nov. 5th - FAQ & AMA meta

Money transmitter laws. Custody is fine. Custody promising transmission to another party is not.

189 sats \ 10 replies \ @DarthCoin 19 Oct

Tell them I am the custodian. I know how to deal with govs. btw that bullshit with MTL it doesn't apply to bitcoin. Only to fiat. I dare to challenge anybody in court about that. I think you are too scared for a bitcoiner. Or aren't you a bitcoiner?

10 sats \ 5 replies \ @k00b OP 19 Oct

Why don’t you run an uncle Jim node for all bitcoiners then to save them from the scared people?

11 sats \ 4 replies \ @DarthCoin 19 Oct

I run. Also for some merchants. But is private. And each knowledgeable bitcoiner should do this in his own local community.

10 sats \ 3 replies \ @k00b OP 19 Oct

You're asking me to do it for strangers on the internet. Are you afraid to do what you're asking me to do?

0 sats \ 2 replies \ @DarthCoin 19 Oct

I am not afraid. As I said, I already do it, but with limited users, chosen by me. I am the one that I can rug pull them so why should I be afraid?

And I don't want you to be my custodian, I never forced you to do that. What I said here is that you should just separate upvotes from zaps (sats). That's all. I know by myself, running a small LN bank, that custody is a hell of a burden and a huge responsibility.

0 sats \ 1 reply \ @k00b OP 19 Oct

That's what we're doing while allowing people the option to use sats if they want. Let's revisit this conversation when it's live. It'll be easier to show how it works than explain it.

0 sats \ 0 replies \ @DarthCoin 19 Oct

Let's revisit this conversation when it's live

I couldn't find the gif with Elisabeth Warren doing that

27 sats \ 3 replies \ @Undisciplined 19 Oct

Will you issue us DarthCoins while you hold our sats?

23 sats \ 2 replies \ @DarthCoin 19 Oct

No, I already said about "darthcoin" as a coin. It exist ONLY one and is mine.

It cannot be sold, transferred, moved or inherited. It will be destroyed instantly if somebody will try that. That's it. And was forged with a rare element that you can find it ONLY on the Mustafar planet (Darth's volcano planet)

Cowboy credits are just fine and also sounds really cool.

10 sats \ 1 reply \ @Undisciplined 19 Oct

Is it like Sauron's ring? Does it contain most of your soul?

36 sats \ 0 replies \ @DarthCoin 19 Oct

hahaha no... my soul was stolen by Amidala... but she's gone now.

39 sats \ 2 replies \ @k00b OP 19 Oct

I wanted to add that we are only custodying money that we are paying you - not money you're sending us to store for you.