Geyser Fund has shut down the crowdfunding project Bitcoin for Palestine, citing regulatory uncertainty.
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/
this sucks! This project did great things for the poor people stuck in the middle of the conflict in Palestine.
nostr:nevent1qvzqqqqqqypzpk9xancv89h24rme53yhl6dh0hyhwce528eu5hrrfcsgvkg3vermqqsv2w94wgrlj6xn6q9xylcclpsa6a8k4zfexwhpujwnj0tcg3mfpcguert8n
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Indeed. I’ll keep reposting anytime I see another speak on it. Hugs 🫂