Replying to Avatar Shawn

Just met yet another once #Bitcoin entrepreneur here at nostr:npub1theparkprcs70dcs437ke9zzwsr6u60f8flu7rg28m30438aep9sd94dha who pivoted his startup to traditional banking because of regulatory headaches. It is no exaggeration to say that US regulators, through a combination of incompetence and malfeasance, are driving these business under or out of the country altogether.

Sad that we have capital controls crippling the innovation and entrepreneurial spirit. The people with that kind of drive are also the ones that will mostly vote with their feet.

I’d love for innovation to exist here, but it’s becoming untenable.

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