Replying to Change this if you want

The U.S. Bitcoiners should anticipate a similar outcome scenario to that of the EU regarding non-custodial wallets. Probably just a matter of time
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Charlie Crown 1y ago

As I understand it this only applied for hosted/custodial wallets receiving from non-custodial. My question is, how can they enforce it? Seems like scare mongering.

They can’t stop anyone from memorizing 12 words, building and signing transactions offline, and broadcasting them themselves or with a friend somewhere else in the planet.

Please correct me if I’m wrong or if I’m missing anything

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Change this if you want 1y ago

nostr:note1hfvf2yam5c5eeya7vxfqzp9ajg9u2nsyxyt7jtxs222efr7m2wcsvv0tat

P.S. on the practice it’s impossible to ban bitcoin transactions ! So, only what I can say is that regulators are retards

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CensorThis 1y ago

Not really true.

It’s all traceable.

While it may not be possible to ban “all” transactions, it’s certainly possible to scare most people into not using it.

15
Change this if you want 1y ago

It’s traceable if you don’t know how to make it untraceable. Unfortunately noobs definitely will be having a hard time to coinjoin, swap UTXOs, use lighting etc

But the future is bright

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CensorThis 1y ago

Exactly.

And 99% of the population are perpetual noobs.