Self custody as we know it is in the crosshairs in America
If the court precendent stands that self custodial software is not free from the Bank Secrecy Act then all self custody software will fail to meet the requirements...creating a defacto ban on running self custodial bitcoin software.
Wallets, nodes, miners cannot comply with the KYC bullshit. This is an inside job between anti bitcoin politicians and the woke DOJ weilding lawfare when they can't win public support or the ballet box.
We are sleep walking into this.
Meanwhile all these soy think boi corpo simps are shitcoining wall street iou's and wearing orange ties.
An 80 year old judge isn't going to give a shit or understand the nuances between the custodial arguements, the nature of shitposting on twitter or the long term implications.
Where have all the toxic Bitcoiner's gone?
.
npub1ak…xy8fx
2025-05-10 15:30:56
Author Public Key
npub1ak68qfcjj7k95c0jwleu69x72nr8adwv6g80pkwl9xlps6zmkqzqrxy8fxPublished at
2025-05-10 15:30:56Event JSON
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"content": "Self custody as we know it is in the crosshairs in America\n\nIf the court precendent stands that self custodial software is not free from the Bank Secrecy Act then all self custody software will fail to meet the requirements...creating a defacto ban on running self custodial bitcoin software. \n\nWallets, nodes, miners cannot comply with the KYC bullshit. This is an inside job between anti bitcoin politicians and the woke DOJ weilding lawfare when they can't win public support or the ballet box.\n\nWe are sleep walking into this. \n\nMeanwhile all these soy think boi corpo simps are shitcoining wall street iou's and wearing orange ties. \n\nAn 80 year old judge isn't going to give a shit or understand the nuances between the custodial arguements, the nature of shitposting on twitter or the long term implications. \n\nWhere have all the toxic Bitcoiner's gone?\n\n",
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}