Nostr Web Client

To our valued Wallet of Satoshi community in the United States of America,

We've dedicated ourselves to providing the best Bitcoin experience with Wallet of Satoshi, being at the forefront of Lightning usability and adoption. However, we've made the difficult decision to remove our app from the U.S. Apple and Google app stores, and will not serve U.S. customers going forward.

This decision doesn't come lightly. Our commitment to providing a secure, user-friendly, and compliant platform globally is unwavering. Our top priority is the safety and interests of our customers and our company.

We understand this may be disappointing news and we share your frustration. We're hopeful that future developments will allow us to revisit and possibly resume our operations in the U.S.

For our existing users in the USA, rest assured that you have full access to your Bitcoin funds. You can seamlessly withdraw and transfer them to another wallet.

We deeply appreciate your support and understanding. We remain committed to bringing the benefits of Bitcoin to as many as possible.

Stay tuned for updates, and thank you for being a part of our community.

Peace, Love and Bitcoin,

The Wallet of Satoshi Team 🧡

Uxellodunum 2y ago 💬 2

Obviously you've been pushed to do this.

Been seeing this for years with CEXs, and wallets. It was just a matter of time. #Bitcoin is NOT compatible with fiat, you can't marry the two. Self-custody is a pillar of the Bitcoin ethos, and its eco-system, as well as P2P TXing.

Many of these services try to bridge the gap, there is no gap, there's an option to be taken. Opt out of fiat, or don't. It's a hard truth.

I understand the valuable service you guys provide, but it's important to consider that as the lightning experience improves over time, keeping custody of users' funds is not the way to go - decentralisation of control is a way to cover yourselves.

The separation of money and state is a fight. To them, you're collateral.

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Discussion

Kmaximus 2y ago

Very well said

SwissNode 2y ago

keeping hold of customers' funds is actually detrimental to Bitcoin as a whole.

If there were some fictitious Bitcoin citadel, one of the very few RULES I would insist on in such a citadel is that only traders be allowed to keep Bitcoin funds inside an exchange - all other users SHOULD instantly hold their own funds.

Those who are scared to hold 12 or 24 words secret don't really deserve to hold Bitcoin in the first place, nor do they understand what it is...