0343f8bd1e

EU regulators are already after RGB

Reguleiters - from "regulator" + "gauleiter". Persons who thinks everything has to be regulated, for the sake of peace and safety in the galaxy, sorry reich.

It's a mindset. These are the regulators - they are useless beurocrats, and this girl can become one any day.

Not even three full days passes since there were an announcement of RGB release to production - and  EU reguleiters are already after it: https://www.linkedin.com/pulse/rgb-v012-privacy-bitcoin-has-never-had-challenge-aml-eu-vardanyan-74gfe

> RGB not only violates the established enforcement mechanisms, but also requires a rethink of the legal foundations on which MiCA, TFR, eIDAS, AMLD6 and even GDPR are built. This is not just a matter of compliance, it is a challenge to the very logic of regulation.

Good work! Bitcoin needs more of such a tech!

bitcoin

Can DeFi be built on BTC, and does it matter?

snufon

With RGB smart contracts it is possible to build DeFi on Bitcoin and Lightning ("Bitcoin Finance, BiFi"). You can check https://rgb.tech for the details

bitdevs

RGB is a client-side validation layer on top of Bitcoin and Lightning, first of its kind, providing smart contracts capabilities. It's being in the active development for the last 5 years.