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.
No Bullshit Bitcoin's avatar No Bullshit Bitcoin
FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services' - "The FBI warns Americans against using cryptocurrency money transmitting services that are not registered as Money Services Businesses (MSB) according to United States federal law and do not adhere to anti-money laundering requirements." - "Using a service that does not comply with its legal obligations may put you at risk of losing access to funds after law enforcement operations target those businesses." https://www.nobsbitcoin.com/fbi-warns-americans-against-using-no-kyc-services/
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Replies (16)

Every bitcoin node comes with a bitcoin wallet. Are the core devs in jail? Stop panicking. Just do the mixing anonymously (unlike the Samourai dudes) and be done with it.
Very well said....
econoalchemist's avatar econoalchemist
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. View quoted note →
View quoted note →
econoalchemist's avatar econoalchemist
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. View quoted note →
View quoted note →
Ok, you convinced me to switch back from kyc zap address to no-kyc as long as it's legally possible. Privacy is not a crime ✌️
econoalchemist's avatar econoalchemist
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. View quoted note →
View quoted note →
Diyana's avatar
Diyana 1 year ago
I wonder how many agents are engaged in the sub division that is addressing this stuff? Is it a half a dozen, is it a dozen or several? Super curious what their process around this is their thinking and what informs their decision... where orders come from etc etc...
Diyana's avatar
Diyana 1 year ago
I was gonna say the banking cartel maybe...
Maybe we should use things like resistbot to send our politicians emails and faces everyday like the Palestinian protesters do
PaddleManJoe's avatar
PaddleManJoe 1 year ago
Yes DDOS their fax machines. Make their paper trays perpetually empty.
Arrested, not convicted. And its only done in country that have strong control policy. Nothing change, things are opensource and self-hosted right ? Its like usual then.
ah yes because they are so successful and not an obvious woke psyop that will utterly fail due to the miserable lack of military ability by muslim countries. yea bro your stupid terrorist propaganda is the way forward bro, hyper intelligent shit right there