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Wallet is an important tool. Particularly, the self-custodial ones. This really deserves support.
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Statism deserve support? Lol
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Statistics you mean?
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14 sats \ 6 replies \ @ken 5 Jun
He can't read, don't bother
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This site was created to encourage US-based bitcoiner's to call their senators and representatives and lobby for their support of the Emmer's Blockchain Regulatory Certainty Act (BRCA).
Is not that STATISM ?
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43 sats \ 4 replies \ @ken 5 Jun
Fighting the state isn't statism, and acting like you don't have to fight, as if like the fight is already won, is naive
I take this question as a joke
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43 sats \ 1 reply \ @Wumbo 5 Jun
When I first saw the post title it reminded me of back to the future.
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save the clock tower
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I don't know about this... should we make the call and support it?
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647 sats \ 5 replies \ @k00b OP 5 Jun
Yes, it protects noncustodial bitcoin devs and service providers from being classified as money transmitters and money service businesses.
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I'll make the call tomorrow, thanks for posting.
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be sure you are doing it right...
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begging a politician for permission to use bitcoin? LOL
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Bitcoin is DEFIANCE. Not statism
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I propose that every time you push a new release for SN, first you have to sign a petition to a local politician. TO BE "PROTECTED"... by the mighty law
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It's a trap! That is how you put yourself under their jurisdiction, by asking for permission.
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It shouldn't matter whether a wallet is custodial or not
  1. You'll have trust smuggling scammers like Ark and other fake L2's swindle people/courts into believing they are non-custodial
  2. The argument for Stablecoins is free-banking, but free-banking works better without shitcoins and picking winners/losers by regulation
  3. This seems to be a Spiral backed campaign and they're just one red flag after the other
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31 sats \ 6 replies \ @k00b OP 22h
is custodial or not
afaict the non-custody part:
  1. makes the thing have no conflicts with existing federal law
  2. easier to pass
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  1. If you're changing or clarifying the law already, just do it correctly
  2. That's it. Why Spiral would be behind this is, Square already has money transmitter licenses and would love to keep unlicensed services down. Every other transmitter would spend on lobbying against a good version of this.
This is will make it much easier for transmitters to selectively wage lawfare against competition with better cost structures and UX. Standard deep state playbook, bad stuff... squash it and make noise over something that's not a corporate protection job.
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21 sats \ 4 replies \ @bluematt 22h
What? So you think that we should remove regulations on Cash App and Coinbase (custodial wallets) and this is so important that we shouldn't try to get the (actually maybe achievable) outcome of making non-custodial wallets less regulated, and that somehow this is good for Block (the company behind Cash App, that generally drowns in regulations)? Enabling people to better build non-custodial wallets that outcompete Block's products is...good for Block? Okay man.
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making non-custodial wallets less regulated
Stop lying, there's no regulation on non-custodial wallets.
There's the Blanche Memo and favorable case law in the hopper.
should remove regulations on Cash App and Coinbase
Yes.
that somehow this is good for Block
You're really incapable of having an honest back and forth.
Deregulation is bad for Block, who spends a fortune to maintain a regulatory moat. This isn't de-regulation, it's regulation affirming because your boss is scared of what's happening at the DOJ/Courts.
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There's the Blanche Memo and favorable case law in the hopper.
The Blanche Memo can and will be reversed by the next administration. There is no case law here.
I'm not gonna bother engaging on the Block nonsense, if you think Block is evil, great, go read Coincenter's view on this, Bitcoin Policy Institute's view, CCI, or literally any other lawyer's take on this stuff.
Interesting
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Too generous, in this case it's not bitcoiners, it's the corpos that Bitcoin disrupts
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0 sats \ 1 reply \ @DarthCoin 9h
Right. A real bitcoiner can't be a statist. Are two non-compatible things
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That gets into the definition of things but I tend to agree in spirit as a once self-described ancap, keeping in mind I think that its people within the state that created Bitcoin to save the state from itself... maybe best described as anarcho-nationalism?
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210 sats \ 4 replies \ @mo 5 Jun
Good luck begging politician! Such waste of time and energy... #996774
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2250 sats \ 2 replies \ @bluematt 22h
Except that (a) it works, and (b) if you want any devs building actual Bitcoin tech over the next few years, the law's gotta allow for that. No one is gonna risk going to jail to bring you free, open-source Bitcoin software, no matter how much you scream that they should.
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If you do not have balls, then go back using fiat. Nobody is forcing you to write code for Bitcoin. #997716
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252 sats \ 0 replies \ @mo 9h
Before becoming a bitcoin dev then, (a) thou could have learned the rules of the game and how the system works. This way, you might have avoided the trap you're in. Sure, it’s a comfy trap, you can stay there. Or (b) keep your personal information private to avoid feeling pressured by these commercial offers.
Bitcoin devs today are a bunch of losers, sold to corporations for few bitcoin and convinced to make best interests of "others"... Where are the cypherpunks?
Do you remember the "separation of money from state" thing? FTFS is in the first line of the whitepaper:
Governments are financial institutions. Thou are NOT worth the bitcoin received. If not thou, someone else will take care, no worries. No need to feel so important or responsible for humanity, because you’re not. Or are thou going for president next? In the name of Bitcoin?
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Well said!
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I don't know what the heck this is app, i just trying
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What is a "petition" ? From Lux pills: #653239
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0 sats \ 1 reply \ @Savage 21h
How has saveourwallets.org helped in saving people's wallet?
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It’s an effort to save them, not a historical record of them being saved.
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As I said many times but people do not pay attention to my words:
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Lol such bullshit. Making petitions to politicians to request permission is the lowest stupidity ever. Only deep slaves do this crap.
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I wonder if this chinese guy also made first a petition to his government to stop the tanks...
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21 sats \ 2 replies \ @duuv 5 Jun
"Protect your right to transact freely"? I hope you guys are kidding.
We're not going to ask permission, as @Dartcoin mentioned, to use Bitcoin wallets? Self-custodial wallets do not require permission. Perhaps you're taking about custodial wallets. If that is the case, then the current trajectory of the state is to be expected.
Just stop using custodial wallets.
The new California bill, that can seize your bitcoin after it has been idle for 3 years and with no login, etc., gives enough alarm bells for me. Those rules will only be loosened in favor of the state, I assume.
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100 sats \ 1 reply \ @bluematt 22h
Self-custodial wallets with decent UX require other tech - on-chain Bitcoin for regular transactions is unusably horrible. If you want Ark, Spark, Lightning, Rollups, or literally any of the things that make Bitcoin usable, you need someone (or many someones) to run nodes, sequencers, or many other things. Ensuring those things aren't made illegal in the US is important, no matter how much we pretend it isn't. If only so that developers can build them in the US, and people can run them outside the US later.
The new California bill, that can seize your bitcoin after it has been idle for 3 years and with no login, etc., gives enough alarm bells for me. Those rules will only be loosened in favor of the state, I assume.
This is inaccurate. The California bill actually ensures that the state wont sell your coins if you haven't logged into your custodial account in three years.
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Ensuring those things aren't made illegal in the US is important,
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.