It's not even a hypothetical.

I am thinking of starting a Nostr based business for my next business. Do I try to comply or do I just launch it elsewhere and ban Australia?

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It's not your first problem getting started, not even your thousandth.

If they start enforcing end of 2025 then you have time to run many iterations.

You're right of course. I may be a bit more battle scarred than most when it comes to regulatory risks. Can you blame me?