L0la L33tz's avatar
L0la L33tz
L0laL33tz@cashu.me
npub1mznw...6mak
Independent Journalist. Bylines in too many places. "Anonymous Internet Commentator" –US Department of Justice. Privacy is not a crime. πŸ’œ https://primal.net/therage πŸ’Œ DMs via email only: lola@therage.co
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L0laL33tz 6 months ago
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`) image
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L0laL33tz 6 months ago
Whats interesting about this Google Play Store thing is that it can still be revised - same with DOJ, where their theory of β€žcontrolβ€œ in non-custodial wallets needed to be ratified by verdicts. The root of all evil in this really is the FATF that has no control mechanisms in place and is blindly followed by compliance bros around the world. Abolish FATF πŸ’ͺ
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L0laL33tz 6 months ago
Wake up motherfuckers, if you thought it couldnt get any worse, it just did: Google Play Store is banning all non-custodial wallets whose developers do not have a FinCEN registration, state banking license, or MiCA license. This means that in the US, *all* non-custodial wallets on the Play Store will have to employ AML/KYC. Sounds bad? In the EU, it’s even worse: MiCA licenses are not issued to services as simple as non-custodial wallets, effectively banning non-custodial wallet developers from the Play Store in the EU. As with all dumb AML ideas, it’s of course the FATF that opened the door to this nonsense, claiming that even non-custodial/decentralized software could have some element of control over funds. The DOJ tried to enforce this quagmire with Samourai and Tornado Cash, and now we’re seeing the largest App Store in the world enforce it on its own. After regulation by prosecution, here comes regulation by monopoly Are you tired of winning yet? View quoted note β†’
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L0laL33tz 6 months ago
The developer who was arrested last night in Turkey was arrested over his contributions to a paper and open source software that assessed privacy on Ethereum and Tornado Cash. Dark times, my friends. Dark times. View quoted note β†’
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L0laL33tz 6 months ago
Sometimes I make thumbnails for my articles and then I remember that I'm actually trying to run a serious publication image
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L0laL33tz 6 months ago
Genuinely agreeing with Bailey here. What changed Trump's mind on Bitcoin likely wasnt that he finally got that it would make him a ton of money (which he has off the back of unsuspecting people investing in his world liberty nonsense). What changed Trump's mind on Bitcoin was that he understood how he could use stablecoins to leverage unprecedented control over the rest of the world. Imagine every bank in the developing world replaced with US led fintechs that can be turned on and off with the switch of a button. Every transaction becomes traceable, freezable, executable and deniable on the behest of a country that's entire existence hinges on meddling in other country's politics. Instead of selling debt to leaders, Dollars get issued directly to the wallets of consumers. It's the IMF on steroids. For Trump, Bitcoin is indeed a trojan horse, just not the way you think. image
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L0laL33tz 6 months ago
Checked today and still hate public speaking βœ…
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L0laL33tz 6 months ago
Everything that's wrong with Bitcoin in one picture image
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L0laL33tz 6 months ago
I have lost count of all the people who have told me to do podcasts over the years. Now I have made a podcast. So watch the fucking podcast. Thank you for your attention to this matter.
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L0laL33tz 6 months ago
I don't often advertise services, but if you're pissed about Governments KYCing the Internet consider signing up to Snowstorm Beta ❄️ Snowstorm is the next iteration of Tor's Snowflake, that helps people around the world access the uncensored Internet. Snowstorm is an application that runs on your machine that has two modes: one that anonymizes your own traffic, and one that lets you contribute as an exit point to help others bypass censorship. Snowstorm's gotten major upgrades compared to Snowflake that now even makes it fast enough for streaming. The Snowstorm guys are still looking for more beta testers and I'm sure they'd appreciate more people signing up πŸ‘‡ image
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L0laL33tz 6 months ago
I am very, very rarely impressed by what Gov officials have to say. Hester Pierce’s remarks on financial privacy are one of few refreshing exceptions (and probably the first time Ive seen someone working in Government coherently quote the cypherpunks without sounding like a boomer astroturf) image View quoted note β†’
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L0laL33tz 6 months ago
Updated my Xitter name and lost blue-check privileges until the overlords verify that my name really is "L0la L33tz is more fun on Nostr" This is a great feature for people who rely on X visibility for income pls zap so I don't starve to death image
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