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KYC is the illicit activity.

Interessanter Punkt! Anders ausgedrückt, stärken sie die Idee Bitcoin nicht, zumindest nicht aus dem Blickwinkel der Trennung von Staat und Geld.

Bitcoin ist in erster Linie sozialer Konsens und wenn der Konsens das Spielen nach staatlichen Regularien ist, dann ist die Idee Bitcoin à la Whitepaper (P2P Cash) gescheitert.

Werden wir "echte, souveräne Bitcoiner" für uns einen langfristigen Ausweg aus den Zwängen der Staaten finden, um in Ruhe leben zu können oder wird der Druck weiter erhöht bis uns die Luft zum Atmen genommen wurde?

Aktuell sehe ich den Ausweg nicht und die Luft zum Atmen wird bereits weniger.

Hi. I don't understand your concept of "own nothing and control everything". Maybe you can give a few examples. If I buy into your investment fund I own an IOU and have no control at all.

Bitcoin Staats-Reserven, Bitcoin Reserve Firmen, KYC Börsen usw. unterstützem nicht die Idee Bitcoin, sondern schwächen diese. Ich tue mir auch schwer zu verstehen, warum "Bitcoiner" so etwas feiern. Vielen fehlt vielleicht die Vorstellungskraft wohin sich die Welt entwickeln wird.

Buying a Bitcoin ETF is superior to self custody KYC coins. At least you are safe from a $5 wrench attack.

No need for coin control if she understands the concept of KYC and NoKYC. Usually older folks get it even faster as most of them have dealt with opressive regimes.

I don't think it is. We are here to help and answer your questions.

Companies are the extended arm of the state as they have to play by it's rules orherwise being shut down.

The idea of Bitcoin is to separate money and state (including companies).

P2P and no KYC is the only way.

I don't understand the complexity. For the taxi driver example: If its a hot wallet with small amounts why not save the seed phrase direclty in a password manager? Once the amounts increase there is now way but to study the different forms of self custody and the tradeoffs.

Extremely confusing to "normies" as they probably know that one Bitcoin costs thousands of US-Dollars as seen on the news.

Btw the exchange rate has decimal digits? 940.96 Sats for 1 USD? That's very precise, lol.

Why? The Bitcoin symbol is already on the left as an icon and it says "Bitcoin received". We need the normies to understand Sats as well, otherwise they will be completely confused. They probably know that one Bitcoin costs thousands of US-Dollars, so this won't make sense for them.

How do you want to fix this as the issue is caused by the fiat payment rails?

Replying to Avatar L0la L33tz

Google has changed its Play Store Policy in response to our reporting. Here's why this is a big deal for developers.

Since our story yesterday, several people reached out to me about Google Play Store delisting non-custodial wallets well before the policy in question came into effect in July, asking for local licenses under what was previously known as their Blockchain-based Content Policy.

One of these wallets was Electrum Wallet, who thankfully documented their ordeal with the Google Play Store publicly.

It seems that as soon as a local jurisdiction codified licensing requirements for software wallets, Google wanted to see that the developers obtained said license, making no distinction between custodial and non-custodial wallets.

If no license was provided, it appears that Google auto-banned flagged wallets for policy violations, leaving it up to the developers to prove that they did not need a license under local laws.

In the case of Electrum Wallet, getting their wallet back into the Play Store took over 100 days. That's 100 days in which no new installs were possible, while existing users weren't able to pull updates. A big deal, seeing how some updates push critical security fixes.

By fixing their newest policy to now specifically exempt non-custodial wallets, non-custodial wallet developers will no longer have to prove that they don't need a license if they are flagged, but can simply point to the fact that they are a non-custodial application, referencing Google's own policy.

Never thought I'd say this, but thank you Google for fixing this, and thanks to everyone who helped raise hell to make it happen. Let this be your reminder that protesting injustices actually works, and that we should be doing a lot more of it.

As a side note, I am open for apologies and do not hold grudges for dumb takes (@`Jameson Lopp`)

Why use Google Play Store? Instead of trying to fix the current system, build/use a new one. There are many ways to use apps without permission.

Nation states suck imo. Getting indoctrinated through a national anthem sucks even more.

The state needs you to believe that you are all "brothers" and "sisters" to fight wars and inflate the currency. The book "The Sovereign Individual" opened my eyes on this topic. Highly recommended.

"On America"? Nation states are the problem and not part of the solution.

You asked "How are tariffs on china a bad thing in this sense?" and the first principle answer is, that all state interventionism is bad (including tariffs). That's why I recommended you Mises, as he (and many others) deeply thought about all these implications from first principles.

I understand your thoughts and conclusions but they are way above first principles, there are many many layers below that.

nostr:nprofile1qyfhwue69uhhyetvv9uju6nzx56jucm0d5qs6amnwvaz7tmwdaejumr0dsqzqvhpsfmr23gwhv795lgjc8uw0v44z3pe4sg2vlh08k0an3wx3cj96l2ln2 you could already buy those low time preference goods before, why impose tariffs (taxes) on goods YOU think people should NOT buy? Let everybody make their own decisions. Why force them into doing what YOU think is right? That's state interventionism and not a free market.

Maybe they are not doing much besides passively watching short videos appealing to their lowest conscious aka "car crashes":

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