quotingGeyser Fund has shut down the crowdfunding project Bitcoin for Palestine, citing regulatory uncertainty.
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Let this be your reminder that you cannot code faster than the state can invoke arbitrary penalties. Permissionless money is under massive threat by the global AML regime. It's time to wake up.
Full story:
https://www.therage.co/geyser-bitcoin-for-palestine/
loki on Nostr: Governments always go after "controversial" causes to change platforms and make ...
Governments always go after "controversial" causes to change platforms and make companies and their leaders fearful. I love the work Geyser is doing, but at the end of the day, this is why protocols matter more than companies.