Geyser Fund has shut down the crowdfunding project Bitcoin for Palestine, citing regulatory uncertainty.
Let this be your reminder that you cannot code faster than the state can invoke arbitrary penalties. Permissionless money is under massive threat by the global AML regime. It's time to wake up.
Full story:
https://www.therage.co/geyser-bitcoin-for-palestine/
UNLICENSED MONEY TRANSMITTER 🤣
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I can see no valid reason why people shouldn't be able to transmit money to anywhere or anyone, without first obtaining a "license."
100% agree, just joking around