Some exchange just blocked my coins because of the ‘travel rule’.
For the sake of good, spend your sats so we don’t need on-and off-ramps anymore.
#Bitcoin is completely useless (and thereby worthless) if we don’t use it as a medium of exchange.
Discussion
You got to love the Cash app guys for pushing the envelope
Also the lightning network is awesome if you use it
The solutions are literally being built for this exact issue bitcoin has, do you think darknet markets are gonna use bitcoin again if we all just start using it? who has managed to make the law irrelevant to function?
As bitcoiners we have a certain responsibility to:
- ⚠️ hold your own keys
- 🖥️ Run your own node
- ⛏️ Run a miner (nerdminer, brains or heatbit will do)
- ⚡ Spend (and replace) lightning, cashu
- 🛒 Suggest to your local merchants to accept bitcoin ☕
- 📚 Learn about Bitcoin, Lightning, nostr
Bitcoin wins once exchanges become a one way street.
Thats the goal.
Spend your sats so merchants are incentivized to grow acceptance!
NoKYC P2P is the only way how Bitcoin works out.
I hate that travel rules. I had the same problems...