Anyone got any insight as to what is going on with the lightning crackdown? Bitcoin is supposedly property per the IRS, but somehow money for the purposes of violating money transmission laws. Courts of course haven’t ruled on anything yet and won’t for a long time…courts aren’t the most efficient way to legislate new tech, but I guess that’s how it’s gonna be…

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Fwiw I presently think that 1+ court battles is both likely and auspicious.