Use amboss.space / rpo.dev to turn your lightning node into a branch of the State! How cypherpunk!
Not sure what the point is though, since that just means you'll also comply with the upcoming ban on self-custody which means there's literally no reason to even have a node in the first place.
It's easy to take shots at any form of compliance tool, especially after seeing incumbent providers pursuing enforcement actions. What's harder is doing the work of interviewing lightning businesses to understand their key pain points.
Last quarter, we completed 26 interviews of Lightning businesses and found that this was a critical component for the lightning ecosystem that was stalling product launches, interfering with bank account setups, or drowning startups in legal bills. We know many of these pains because we experienced most of them ourselves.
To address this taboo pain point, we built Reflex not for enforcement actions, but for the risk management basics that regulated businesses need in order to thrive. We all need lightning to be successful and sometimes that means addressing the elephant in the room that lightning businesses need better tools to show that they aren't associated with money laundering or terrorism while using a private payment system.
To be clear: a win for Amboss is more successful lightning businesses, not more enforcement actions.
It’s not for you, friend. It’s for businesses operating in jurisdictions where failure to comply with OFAC regs means jail time.
Talk to *any* founder facing this reality, and you’ll understand why we built this product.
If your business needs to comply with ofac today, you'll comply with the ban on self custody tomorrow.
These companies will be locked out of the Bitcoin economy.
Talk to some founders. See what you learn.
Learn why they choose to create a business that is subject to State control? I know why.
I'm just pointing out that as a branch of the State their business models are fundamentally incompatible with Bitcoin.
Describe for me a business that isn’t subject to state control.
There’s the ideal, and there’s reality. We strive for the former, while living in the latter.
No one is suggesting you do anything you don’t find worthwhile. Likewise, it serves no purpose to shake a fist at those who make different choices.
Tor markets, for one.
I'm not shaking my fist, I just don't understand the logic of investing in a business model that is 100% guarunteed to be rugged.
