No coincidence the FCA have been cracking down hard and removing Bitcoin ATM’s over the last few months just in time for the new rules to start applying. Probably wouldn’t have used them myself after seeing the fees 😂

🚩New UK rules from the FCA are going to make it next to impossible for anyone to accumulate a substantial amount of #bitcoin

Most of us will fall into the “restricted investor” category limiting us to no more than 10% of our assets (excluding home if primary residence and pension) being invested.

I was honest, stated I’ve invested ~20% net assets in the last 12 months but I agreed to invest no more than 10% in the next 12 months yet still failed the assessment 🤷🏻‍♂️ according to their handbook I now have one more shot at this before being locked out for 24 hours before being able to try again with slightly bent answers 🫠

You would need to have £340,000 in savings/stocks right now and not invested anything in the last 12 months to be able to buy 1BTC today.

Unpopular opinion but.... I've lost more sats by running my own lightning node vs sats on a custodial wallet. I've also spent more sats on a non custodial wallet (channel fees) than ove lost on a non custodial. That's not to say a custodial wallet is safe but at least it takes away the element of your own stupidity.

That said, I'm still gonna push for self custody because it's important. Sometimes you must sacrifice smaller losses to prevent a larger catastrophic loss.

I believe it

I love his stand up. Even the older ones have me in stitches after all these years.

Can someone zap me a small amount and I'll zap it back? I'd like to test the new Zeus beta. 🙏

👀

Got it, thanks, now to take a look

Every program wants Name, Email, and Full Access to my google drive. Would rather pay sats to somebody who already has the ability to do this.

GM #Catstr

Would anybody be willing convert a file to PDF with the following size constraints for me?

Size 4.9x5 (±5%)

File Type: PDF.

File size =< 45 MB.

Links or it didn’t happen

fr