Replying to Avatar Hypnagog

The financial action task force is now working on creating anti money laundering standards for "unhosted wallets". Basically a piece of paper or an app.
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oobiyou 1y ago

This is a slippery slope. How many “un-hosted wallets” could a cypherpunk create?

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Hypnagog 1y ago

I have a simple JavaScript that generates 2500 bitcoin addresses a minute. Uses one CPU core. Thing is, fatf speaks of "unhosted wallets" as if they are completely controllable . I dont think they understand. To them an unhosted wallet is a ledger/trezor.

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Hypnagog 1y ago

And to most people , a ledger and trezor is all they use. We need more nodes and self sovereign bitcoiners.

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oobiyou 1y ago

🫡 💜🫂💜