CB

CB's avatar
CB
npub1ajkh...0fag
property, speech, privacy, & signal
Some may be cheering on Treasury Secretary Scott Bessent announcement on stopping wire transfers out of Minnesota by geographically targeting and lowering the threshold to $3K. You may support this move; however, this is how we start losing liberties. Imagining this being used as impetuous for making use of “self custodial” bitcoin illegal. Just saying we should be very careful when celebrating the methods we use to stop criminal behavior. FinCEN is unelected and without congressional oversight, and has broad authority to issue regulation under the Bank Secrecy Act. They have the power to broaden this to make self-custody illegal to “protect the children and stop terrorism”. Without self custody it’s all just one big CBDC.
"Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for an obvious evil, but rather the construct of intellectuals." - F. A. Hayek
@primal I’ve had Minibits set as my wallet for a month or so. It was working for most of that time, but has recently stopped working altogether. I had noticed it worked with some test accounts that weren’t using Premium. Do I need to cancel my Premium account to get Minibits zaps working again? Thank you. Anyone else have any luck using Minibits.cash account while on Primal Premium?