Replying to Avatar Matt Corallo

If you think an LSP is “obviously not an MSB” you’ve never spoken to a lawyer with any sense at all. It may not be an MSB, and I hope it’s not an MSB, and I think it’s probably not an MSB, but speaking with any certainty about this is absolutely impossible. The law and regulations about this are not even remotely clear and do not consider any kind of system like bitcoin, let alone lightning.

Don’t talk shit about others avoiding substantial personal legal risk.
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Matt Corallo 1y ago

Hell, it’s not even 100% clear *miners* are not an MSB, but even regulators don’t want them to be. The letter of the law is just not even remotely set up to handle this kind of stuff.

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