Every successful custodian is forced to require KYC eventually.
https://www.theblock.co/post/227943/bybit-moves-to-impose-mandatory-kyc-rules-for-all-services
Discussion
Might be a great push for more self custody ✌️
Gov - "tell us who's buying and owning bitcoin or shit down"
🤣
Ecash won't be an acceptable excuse right?
Yeah.. therefore custodian solutions are not the right way for the right future direction
self-custodian #bitcoin, the real #decentralization
But Why did they need KYC??
If WoS is eventually forced to do KYC, that will be a huge blow to #nostr. People entering this space for the first time are not going to run their own node and set up LN.
A case to be made for home mining if possible. Spend fiat for electricity and receive sats in a more private way. Use the heat to keep your toes toasty too.
✌️
FUCK KYC
🍐2🍐
FediMint & others could solve this?