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Self custody as we know it is in the crosshairs in America

If the court precendent stands that self custodial software is not free from the Bank Secrecy Act then all self custody software will fail to meet the requirements...creating a defacto ban on running self custodial bitcoin software.

Wallets, nodes, miners cannot comply with the KYC bullshit. This is an inside job between anti bitcoin politicians and the woke DOJ weilding lawfare when they can't win public support or the ballet box.

We are sleep walking into this.

Meanwhile all these soy think boi corpo simps are shitcoining wall street iou's and wearing orange ties.

An 80 year old judge isn't going to give a shit or understand the nuances between the custodial arguements, the nature of shitposting on twitter or the long term implications.

Where have all the toxic Bitcoiner's gone?

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Jake Woodhouse 7mo ago 💬 2

Can you share more detail?

I thought there was a strong precedent in place that software is essentially speech and therefore protected under free speech rules

No doubt they want to nail Bitcoin, and will try anyway

But I don’t see how if that’s true

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ethfi 7mo ago

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Jason Ansley | Fractional COO | Leadership Coach 7mo ago

I think it’s related to the Samurai Wallet lawsuit here in the States

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