If you send your kids to the grocery stores with some cash.. is he considered a money transmitter?

🧒🏼💵..🚶🏼🛒🤑 🛍️..🤚🏼👮🏼

Before you dip, explain to me how I can have my laser eyes flash? It’s time to upgrade

I drained my Phoenix wallet to my Zeus wallet. 20 hours later no BTC has been deposited.

@phoenix seems to have stolen my funds.

lol, you win the first to be triggered contest. 100 sats to you 🤣

They’re building a new trail in behind my house and it is awesome! Some tax dollars are well spent

22 sat/vB

Gn 💤❤️

Some essential characteristics of Mutiny Wallet.

Non-custodial:

- You are in control of your keys

- The node runs on your device

- Any critical data that exists is saved on your device and encrypted remotely for backups

Not an LSP:

- We do not run a node or LSP, we interface with others

- You may open channels to any node

- We never process any lightning channel, payments, on-chain txs, UTXOs, etc.

- Our lightning address server is built with blinded auth, and we can't link payments to your node

Open-source:

- MIT

- The web app is available in case app stores go down

- Self-hostable, already bundled with start9

We strongly believe in building software that gives users the most control and least dependence upon us. It's not easy; centralization brings a much better user experience. However, for the longevity of ourselves, our product, and our users, this is what we believe is the correct path to take.

The tornado cash case is going to likely set the precedent for what “money transmitting” means for purposes of bitcoin. The case will mostly hinge on how “transfer” should be defined within the meaning of Section 1960. As these screenshots show, the government argues that it means “by any and all means” and that “control” is not a prerequisite to be considered a transferor. They use examples like a USB cable being a transferor of data and a frying pan transferring heat from a stove.

By this logic, anyone operating hardware or software which Bitcoin runs through could be deemed a money transmitting business. However, this is obviously overly broad. My guess is, if the judge has common sense, he will see that a line needs to be drawn somewhere. The easiest line to draw is by making control a prerequisite. Otherwise the governments reasoning opens up liability to almost any tech company providing software or hardware.

The line of reasoning is simple:

Are dell and Microsoft money transmitting businesses because their laptops and software enable you to send money to someone in e-commerce? No. What about your ISP whose internet connection enables the transfer of data to complete an internet purchase? No. Why? Because they aren’t exercising control over the transaction, they are just providing the rails that make it possible - and have no further involvement.

I cannot believe how many bitcoin maxis I see asking what will we do if the government bans holding bitcoin in cold storage 🫣 have we not learned anything from history? Grow a pair already! It’s embarrassing.🙈

Their definition is literally insane:

This is *literally* the criminalization of #Bitcoin  in its entirety. Running the software in any form means you are committing a crime. nostr:note1sy3fgdthmkjvezja07f3xldjcrd87xskljdwnthfawpqghur8n0sger6q8

I’ve never thrown up more in my life than the time I had an edible lol

open source software doesn't need appstores

low accuracy, low precision should not be centered around the bullseye.

that is just high accuracy and even lower precision than the high accuracy low presion example.

The difference between accuracy and precision.

JUST IN: If you are a 🇺🇸 US Citizen or

Resident, you are not allowed to download Wasabi Wallet or use the Wasabi Wallet coinjoin feature 😮

This includes if you are a U.S. permanent resident or if you are an individual that holds a U.S. passport.

You can only have 1:

a.) super intelligence

b.) ridiculously funny

What do you choose? Just curious.