185 sats \ 3 replies \ @BITC0IN 26 Apr \ on: Stacker Saloon
The federal actions against the Samourai Wallet team, being arrested for running an unregistered money service business, is having a chilling effect.
From ACINQ who runs Phoenix Wallet
https://twitter.com/acinq_co/status/1783878732865740940
Phoenix Wallet is shutting down in the US as s result
Sad Day?
or an opportunity to grow?
Run your own Bitcoin and Lightning Nodes people.
This is shocking. That it's come to this shows how afraid US elected representatives are of the FBI and CIA.
These 'security services', including MI5, MI6 and GCHQ, are out of control and more dangerous than any external threat.
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it's really not shocking at all.
I'm more shocked by everyone's naivety.
This is without a doubt, expected.
If you are at all surprised by these events, you shouldn't be.
Use this moment as an opportunity to harden your Bitcoin operation.
Run your own software, learn to use coinjoins, payjoins, tor, i2p, vpn's. All of it.
Be aware these things exist and what they are, what their trade offs are.
For more details see this thread and resources: https://www.reddit.com/r/Bitcoin/comments/17o3v8v/fincen_megathread_do_not_give_them_your_silent/
https://bitcoinprivacy.me/
Learn the benefits of running a Bitcoin node. Run one, not just for your privacy, but your overall Bitcoin sovereignty. It’s very easy to run a node. You install a program (usually bitcoin core) and let it run. That’s it. This can be done on windows, linux and mac.
Go a step further by verifying the binaries of the bitcoin node program you download.
Go a step further by building Bitcoin Core from source.
Go a step further by running the node over tor or i2p.
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That's all good advice.
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