Nostr Web Client

In barely a few seconds I just switched my Lightning Address service to a different provider, and I had 4 options to choose from, plus a self-hosted one. I've gotten a plethora of zaps, boosts, and moved a large amount of money today due to taxes, all of which cost a total of maybe $2 from the BTC side of things and across numerous transactions that all took seconds, and at most a few minutes...

Compare that to the fact that I sent a single ACH last Wednesday from one of my accounts, to my Fold account... and it only arrived YESTERDAY, 5 days later. Then when i wanted to move the money the government was stealing from me today, I had to use 2 different accounts because I hit weekly maximums on both, and had to pay a total of $27 just in transfer fees on TOP of $71 to change from BTC to dollars.

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Imagine thinking Bitcoin is going to lose & has no value. 🤡

BTC Hodler 2y ago

From slow ACH to NO ACH. The attack is happening :

SWAN BITCOIN

Important Update

Starting Friday, April 28th, North Carolina residents will only be able to fund their Swan account with wire transfers.

Our previous trading and custody partner, Prime Trust, is pausing Bitcoin trading in North Carolina. We’re sorry for this disruption.

The good news is that we’ve diversified our vendor relationships, so we can serve you through our partnership with BitGo. It’s wire transfer only for now, but we’ll have ACH transfers again later this year.

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Discussion

Guy Swann 2y ago

I fucking hate it so much. I just got word. I literally won’t be able to use Swan anymore because my state doesn’t know how to do anything but hurt people and destroy the economy. Fuck them in every way possible.

Lee 2y ago

That's kinda bullshit on the part of NC. So was there a change to the money transmitter laws in NC that is affecting all MSB?

Any reactions from MoneyGram or Western Union?

NoName 2y ago

River is still available...for now anyway.....

Hurvajs Rumcajs 2y ago

That's how I feel about EU and the "local govt" for years now. Wonder how long it can last until the record low trust-in-the-govt numbers turn into something nastier. Because this is not sustainable.

McMinty119 2y ago

Do we know if it’s NC or Prime Trust? Because strike just dropped Prime Trust like what, last week? Yet their services haven’t been interrupted.

BTC Hodler 2y ago

Spoke with Swan this week and they ducked the question a little. But they did say they expected to have Prime Trust working for NC ACH customers again in a few months. I am digging to find out more from a regulatory perspective. I am also pushing BC representatives to enact CBDC blocking regulations . It is amazing how people confuse CBDC and BTC and Altcoins. #swan #btc #chokepoint #NC

BTC Hodler 2y ago

Guy —- where is the next best DCA service?

Guy Swann 2y ago

Not sure. I’m trying to find out for us stuck in North Korea, I mean Carolina.

The Daniel 🖖 2y ago

I can still use Cash App in the People’s Republic of New York.

Mike Hotel 2y ago

yeah, what is up with that? new rules??

Guy Swann 2y ago

Some new “money transmitter” crap that NC wants every business (specifically hits Bitcoin and crypto) to do redundant licensing, redundant compliance and paperwork, pointless excess costs, and a whole additional level of KYC and reporting requirements.

McMinty119 2y ago

Guy, now you know that we’re just over here playing with the mark of the beast and that our amazing state legislators are just trying to protect us from being lured in by satan’s promises lol

Mike Hotel 2y ago

it seems like the vice grips are coming out now. Things are getting stranger in the country.

The Daniel 🖖 2y ago

Attacking the on-ramps was the obvious next step.

Darin 2y ago

Only the on-ramps in the US and a few other countries, right?

What’s to prevent folks from engaging in foreign exchange?