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Introducing a new "inside the government thread" where I will be chronicling any kind of day-to-day observations I find interesting at my work.

For those who don't know me, I'm a civil servant that works for a large financial center. I do policy and legislation and so I'm faced with implementing global standards on a day-to-day basis.

I'm always open to do podcasts, but unfortunately, I just don't have the contacts in that space. So I'm just going to chronicle things I see here.

OpnState 6mo ago

The pulse of the dead.

I go to a lot of social events where I do talk to people who work in crypto and virtual asset services. Thankfully, I'm fairly unknown in my country. Very few people will actually know what I do, so that allows me to talk quite freely during those events.

I take those opportunities to take the pulse of the sector and the people working in the sector and to see what their thoughts are on issues that are relevant.

Well, on my recent pulse-taking session last weekend, I spoke to two quote unquote hardcore Bitcoiners. I asked them what they thought about KYC AML. Though they had some basic understanding on the Bank Secrecy Act in the United States, and some vague recollection of having heard financial action task force before, They did not seem bothered by what was coming down the pipeline, which I gracefully volunteered to them.

These are the very people who should get angry, who should rise up and collaborate in order to push back the totalitarian provisions that are being put in place. Instead, I just saw shrugs and they continued sipping their drinks.

Has the Bitcoin community... Have you all given up? You obviously know bad things are happening. And yet, are you one of the people who just shrugs it all off? Do you think everything is better now because Trump is in power?

It's exactly because somebody like Trump is in power that you have to act now and act hard because changes are coming and the US is not pushing back against them.

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Discussion

scrolls of ancient wisdom 6mo ago

I agree !

nostr:nevent1qqsdl4f9p5cnn6xt4paz0ww9j34cwdp6mlz3qkrdmedttl6c90r22pspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygrxs4vqu4dj79a2vwwfgk2ss0klavegu9667u6c0w6wttumqwt9zvpsgqqqqqqs7m3khu

ede3d957... 6mo ago

Most of us 2009-2012 guys moved on to Monero. It's where people create solutions that are outside or above the law. It's the only reasonable position to have if you are here to improve society by improving the money instead of NGU fiat portfolios. Laws will have to adapt to it.

Bitcoin was a nice shot, but due to its transparency it needs to play within the law. That's why those "Bitcoiners" shrugged their shoulders. Neither do they know how to fix Bitcoin nor the law.

OpnState 6mo ago

I won't deny this may be the case.... I've had an interest in monero but admit I've yet to download cake wallet.

Maybe I'll find the original cypherpunk values in monero... Bitcoin seems thavel been coopted by the tradfi compliance cuckery.

. 6mo ago

Thanks for your insights. There is a small cadre of cypherpunks and privacy advocates. We carry the torch.

OpnState 6mo ago

If you know of any initiatives where i may be of help, let me know.

. 6mo ago

The main issue is the prosecution of Samourai devs. If they lose this case it is a defacto ban on self custodial tools. The Bitcoin community is sleep walking into jurisprudence that lays the groundwork for holding developers of FOSS reaponsible for the actions users of the code take. Essentially the equivalent of making Google responsible for actions users take after making search. It is absurd but the confusion lies is applying flawed comparisons to new technology that threatens state hegemony.

OpnState 6mo ago

I know, I'm really concerned about the samourai case. I know the EU is foaming at the mouth for some kind of precedent here, even if it's from another jurisdiction. I would like to know.... Why did they chose to develop doxxed?

Any good dev should have a few numbers ready and swap from one to another to continue their work?

. 6mo ago

I think it had to do with that originally they were just wallet devs. They had registered some companies long ago under their real names and had some funding. Over time they developed better and better tools. One thing is that they haven't broken any laws though. So if I was to start a comany and have lawyers tell me I am not breaking the law and the regulators say I don't need a license then there really I wouldn't need to be anon. Their statements in public are protected speech in the USA. So code as expression, statements and expression and money as expression are all protected by the constitution. Saying provocative things or making tools the state doesn't like is the whole point of the constitution. The exploited a loophole and are being punished for it.

OpnState 6mo ago

Yeah, I can see how current devs got mauled into that trap.

But really now, I think most developers should have woken up to the reality that laws are just there for convenience and have been weaponized.

I do hope you and your friends are now switching to anonymous coding and developing.

By the way, you may want to listen to my latest podcast with nostr:nprofile1qqs937g9lksy25es6h5c502d78shc3f2knq76ey0xu03qqj5g77fcygpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyqyw8wumn8ghj7mn0wd68ytfsxyh8jcttd95x7mnwv5hxxmmdmnmpd0

ede3d957... 6mo ago

We are all guided by our intuitive interests. Monero community will be here ready to explore when interest peaks.