If Bitcoin is not money why do Bitcoin companies need "money transmitter" licenses and all that?
- nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6
#BitcoinTwitter
Because governments can do/demand whatever they want as long as we allow it
Yup, banks are best used for holding one’s debt, and never one’s money
A deposit deposited in a bank is a loan to the bank. The bank can default on its debt at any time, hence the bank can freeze accounts of its clients
It’s only our fear of consequences that allows evil to keep existing
Fear is the biggest scam
We need more posts like these
new ZEUS PAY fee structure: https://docs.zeusln.app/lsp/fees#zeus-pay
Only 10% for amounts greater than 20 sats. That’s a 5x price drop.
Is Zeus app open source? And why if not?
Absolutely, all bitcoin apps should religiously be open source and non-KYC, otherwise it’s just a data mining app and a rug pull waiting to happen
Companies = agents of the government
Yes, only use open source and non-KYC solutions for long term safety and sustainability.
Avoid immoral/evil data mining apps/corporations
Data is the new oil
Because without full non-KYC, open source and full self custody it’s just another honeypot/data mining operation just waiting to rug pull people.
But perhaps people have to learn the hard way
Not your keys, not your coins
Besides why wouldn’t the code be open source if they have nothing to hide?
The only viable long term solution to all these issues is open source
Besides bitcoiners should be all about building/using long term solutions
Make it non-kyc and open source
It is not, because they use closed source code which cannot be audited. Use only open source wallets, like jade wallet