My Contrarian Take on the Recent Samurai Team Arrest
The arrest of the Samurai team should not be viewed as an attack on privacy. I urge you not to rely on any articles published by Coindesk, Forbes, or any other Bitcoin influencer or crypto expert who might be trying to spin their own narrative. Instead, please refer directly to this site: https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering
The crux of the article highlights, “While offering Samourai as a ‘privacy’ service, the defendants were aware that it was a safe haven for criminals to engage in large-scale money laundering and sanctions evasion. Indeed, as the defendants intended and clearly understood, a substantial portion of the funds processed by Samourai were criminal proceeds, funneled through Samourai for the purpose of concealment.”
Therefore, it is the responsibility of law enforcement to demonstrate that the team was aware of the criminal activities, including large scale money laundering, yet failed to report them. Failing to report known criminal activity is an offense, as illustrated by the case of Charlie Sherem, a prominent Bitcoiner and CEO of BitInstant, who was jailed for knowing about illicit activities and not taking action to report or prevent them.
The team did not simply create a piece of software and share it on GitHub, as Satoshi and the creators of other Bitcoin wallets like Electrum and Blue Wallet have done. Instead, they actively marketed it as a mixing service, earned millions of dollars in profit, and if these actions are proven by the prosecution, they rightfully deserve to face legal consequences.
It's noteworthy that personalities like Michael Saylor and Jack have refrained from commenting on this matter, a stance affirmed by a tweet from Samson Mow.
Equating this issue to an attack on “privacy” and suggesting that everyone becomes a money transmitter is misleading and obscures the real issue.
Furthermore, if you are manufacturing a USB cable that, when plugged into a Visa/Mastercard machine, obscures the user's identity and you advertise this cable as a mixing tool, then you can expect the SDNY to pursue legal action against you.
Stay calm, HODL
How screwed up your algorithm should be to put your own Ad on top of trending posts?
I thought Nostr was a decentralized twitter that solves all the problems of twitter. Now we are marketing to get more people to sell what?
A top Nostr client is paying $1000/month to twitter/X to be a verified company and selling itself as Social Bitcoin Wallet..! What is their business model? 
right. bear market will clear them out.. and then they come back with more degen stuff.. Bitcoin holders does not have to worry about security anymore..! Chain is secured...!
that is bad for Bitcoin security and miners..! Hope to never see that again..!
anyone care about this on Nostr? #asknostr
Does that mean nostr:npub1m0st2r43ph6ftu9az8sm69n5357jx5qkcyj09jmaucr6vvy3w5yqueqp5h loses sats because number went down and you still have $100?
that is correct. his sats went down while my sats went up.
I survived the #bitcoin #dip today by strategically opening a stable channel with nostr:npub1m0st2r43ph6ftu9az8sm69n5357jx5qkcyj09jmaucr6vvy3w5yqueqp5h last week..! My $100 from last week is still $100.. fully backed by BTC. no liquidation, no kyc, coming to a #cashu mint. can’t wait to show it..!
Amazing that where I live has the highest number of lightning nodes (311 nodes) yet none of the merchants around here accepts lightning payments..! 
🍿
Breez has been doing solid non-custodial work
nostr:npub1mu7nv2jkaq4xausnn098xc8tp3gzgf2w5r2cj68x8dnns0rktmysnsj5cl
100% correct. that is why I said most of then are caught between regulators and privacy.
Bitcoin/Lightning VCs have been full-time 'shit posting' on Twitter and Nostr lately because most of their investments in the last cycle have not yet produced an exit....! Another point to note is that most of these companies have created hosted/custodial solutions that are caught between regulators and privacy-focused users...!
Here are some of the list of Bitcoin Lightning companies raised in the last season...! Any idea when these companies will reach a billion-dollar valuation?
Lightning Labs - $70M
Strike - $50M
Zebedee - $35M
Opennode - $20M
Impervious.ai April 2022 - $10M+
Galoy - $7M
mash.com - $6M
zion.fyi - $6M
Breez - $4.5M
My newly formed mantra "permissionless at the base layer, permissioned by social consensus at the App layer...! "
that's it..!
if you don't understand...Ask me why?
There are lots of misinformation on social media about EU AMLR regulations. Please ignore the noise. When googling I found top 100 articles writing garbage about this topic. any news website that has a word "coin" in it is a scam...! Be Positive.. When Uber started, you have to go one corner of the airport to meet the driver.. Now almost every airport has a designated spot for Uber pickup. We will get there..!
They did not outright ban self-custodial wallets..! which is the good first step...
" the AMLR applies only to OEs/service providers and explicitly excludes obligations for providers of hardware and software or providers of self-custody wallets that don’t have access/control over the crypto-assets "
We will get there slowly..turning one stone at a time...! We are building more tools everyday.. #lightning, #Nostr #cashu #NWC and lots of other cool tools..
Happy Monday...!
soon..! coming to AI agent bear you..!
the only way to get over this…completely stay self custody..!
Exemptions: It is important to note that transactions from self-custody to self-custody wallets remain outside the scope of the new regulations, indicating a nuanced approach to regulation
GM.. Happy sunday..! my stacking sats on nostr:npub1dx5q2el8nd4eh3eg9t2e25fd7zuqg7zxz6ldkc3uzgh66ss2yc6st288sj is growing..! ability to restore with seed words is best..! 
Asking the community for help works! Giga Chad nostr:npub1mz3vx0ew9le6n48l9f2e8u745k0fzel6thksv0gwfxy3wanprcxq79mymx just went ahead and implemented LNURL in eNuts in like 20 seconds. You rock!
Well.. Thank my AI agent as well... nostr:npub1aaaaaa2l3clrd066zc4vkhgqsdftey65jfus9xfl9xtrd87lmddqzmhe8l who came in handy when I got stuck..!
Finally... One Fintech Company One Crappy App is going to change with #Cashu
Bank of America - BoA App
JP chase - Chase App
CitiBank - CitiBank App
Robinhood - Robinhood App
This is true with Bitcoin/Crypto companies as well
Block - Cash App
Strike - Strike App
Coinbase - CoinBase App
Galoy - Blink App
With #Cashu, providers run only mints. There will be 3-4 best UX apps like enuts to access all the mints...! RIP Crappy Apps