Something is rotten in the state of Denmark 🇩🇰 as the Danish Financial Supervisory Authority (DFSA) looks to ban unhosted wallets, or as people with brains call it Bitcoin wallets
GFY, sincerely everyone with a private key holding a UTXO
https://coingape.com/danish-regulator-to-ban-unhosted-bitcoin-btc-wallets/
This is good. People need to see how powerless governments are. Like when China tried to ban mining and failed.
I hope this ban backfires, it would put a lot of people at risk using custodians, and you don't want that mess on your hands
If this happens in my country, this could very well finally force me out on a pilgrimage to El Salvador. There is not enough bitcoin for sale in the black market in LT I am afraid.
I'd say if this happens here, I'd be okay i've already taken self custody and I'm buying a lot more on P2P these days, id imagine the P2P price of Bitcoin would go nuts in that specific local market so you could really make a good go arbing it
What is LT lol, i'm not up to date with all the lingo
