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 donβt 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...!
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