Edmond Dantes⚡'s avatar
Edmond Dantes⚡ 10 months ago
It blew my mind that Chainalysis was on a few panels at Plan B El Salvador (sponsored largely by Tether/Bitfinex). Such mixed signals . . . And now even Strike is engaging in shotgun KYC. Self custodied Bitcoin is the only way out of this. Heros all eventually get bought off by the system.

Replies (4)

Edmond Dantes⚡'s avatar
Edmond Dantes⚡ 10 months ago
Requiring a selfie and blocking use without any corresponding changes requested by existing customer. (Am an investor in Strike as an LP, so no axe to grind or conflict of interest for sure). After complaining with support - who just reiterated the need for a selfie, looks like now the block has been lifted.
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npub1ah3a...l76e 10 months ago
Who better than you would understand that we left the entrepreneurial world to set out for a bigger mission. Any company is a state licensed extension of the state. At sufficient size it becomes indistinguishable from the state itself. Any app. Any system. Needs to be P2P and private by default or it will fail. Simple as that. Any money fiat or BTC going to the old model is burnt money.
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npub1ah3a...l76e 10 months ago
I know I am a Monero guy and some of you don't like us for whatever reason. (I am also a Bitcoiner for 15 years). But I've been very sceptic of Jack's marketing for a long time warning to use this app as it might haunt people later. Like it happens every time for the same reasons. "Shotgun KYC" is the new "insolvent CEX". Sooner or later any company will be affected. The only answer is getting rid of the company model.