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econoalchemist
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#FREESAMOURAI billandkeonne.org Co-founder 256foundation.org

Everything you want to know about Braidpool:

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.nostr:npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3 & I are recording with Braidpool tomorrow. What questions do you have? Anything goes, don't be shy ;)

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This is a great write up by Damn Kewl on the Samourai Wallet matter.

https://blog.ronindojo.io/freesamourai/

New podcast just dropped with Diverter & Max Tannahill about the Samourai Wallet case and what's at stake:

https://m.youtube.com/watch?v=4j2IWfsCoMs

I don't care how many banks collapse, I am not forgetting about Epstein's client list.

Luke Dashjr joins Bitkite & I on Pod256 this week to discuss Bitcoin mining & more.

https://podcastindex.org/podcast/5876654?episode=23014174246

The legal defense fund for Samourai Wallet is now open and accepting donations: https://p2prights.org/

This particular fight is important because the precedent set in this matter will either reinforce the principles that non-custodial wallets are not money transmitters or it will put targets on the backs of all wallet developers.

If you really came here for the freedom tech then get in this fight and show your support. There will not be a second chance to repair the damage done if the DOJ is not stopped here and now.

IMO Samourai doesn't even fit the definition of money transmitter though. Which in the Tornado Cash case that definition fits because they accepted the users ETH when users made deposits to the pools. As stated in that document, a money transmitter is either "a person engaged in the acceptance of currency, funds, or other value that substitutes for currency from one person AND the transmission of currency, funds, or other value that substitutes for currency to another person or location by any means" or "any other person engaged in the transfer of funds."

In Samourai's Whirlpool architecture, they never accept bitcoin from the users nor do they transfer it. Users transfer bitcoin to themselves by providing a UTXO to a collaborative transaction and receive their bitcoin back in a new UTXO. The user's wallet tx history is a chain of self-transfers that are blinded to the coordinator. It's difficult to even make a fiat analogy because there is literally no depositing, accepting, or disbursing of bitcoin taking place between any two entities. Every Whirlpool tx is just 5 people making identical self-transfers together.

Not long ago it was the Tornado Cash case but that was on Ethereum and largely brushed off by many Bitcoiners. Then it was the Bitcoin Fog case but that was custodial and again largely brushed off by many Bitcoiners.

To some, the trajectory has been clear for several years. Often times those warning of real and present dangers are met with skepticism and dismissed as FUDsters.

Yesterday it was Samourai Wallet, a non-custodial Bitcoin wallet with the ability to coordinate CoinJoins. If you brushed off Tornado Cash & Bitcoin Fog, don't make the same mistake this time.

The language used by the FBI is so broad and generalized in their PSA and their recent actions have been so over-reaching that it should now be crystal clear to any Bitcoiner that any Bitcoin wallet project not implementing KYC measures runs the risk of having the developers arrested for operating an unlicensed Money Services Business. Node projects and miners are not far behind.

The entire pretext to this narrative is false because Bitcoin is software, software is code, code is speech, and freedom of speech is a God-given right. Ask yourself, where do you draw the line? What rights are you willing to defend? And if push came to shove, how far are you willing to go to defend those rights?

"Give me liberty or give me death" are not hollow words because a life without liberty is not a life worth living. Many have already made the ultimate sacrifices and many more will follow in their foot steps. Every dialogue consists of a call and a response and right now the FBI is having a one-sided conversation. Make a stand and respond loudly and clearly that the erosion ends now.

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I don't always drink whiskey but tonight I'm having a glass for my friends who made the ultimate sacrifice with their own freedom, fighting for those who believe privacy is a human right 🥃

I ate a pig liver yesterday and it tasted like bloody dirt. That's it, that's the note.