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Play is always warning apps about upcoming requirements. There are none for our wallet app tha are related to this.
Has any wallet anywhere reported having to get a license?
I think this is just sloppy FAQ web content.
And then there's this take by @petertodd:
You are incredibly naive if you think APKs are a reliable solution to get around this.
Without political opposition, side-loading will be banned. It already isn't possible on iOS.
"Cypherpunks write code" is B.S. The real cypherpunks wrote PGP. Then sued the US govt and won.
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Be aware of CIA assets manipulating online...
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102 sats \ 7 replies \ @nolem 13 Aug
JC is correct on this? Xitter reporting Google clarifying to JD that the rumours are not correct
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Right you are:
Thanks for flagging this. Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear.
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Most likely this was a trial balloon to test public response. If we hadn't raised hell immediately good chance it would go through.
As it is, this is extremely bad anyway: it'll still ban lots of useful wallets, including cashu wallets, LN wallets that use tech like cash to build up enough of a balance to open a channel, etc. etc. Even Zeus won't be allowed: they recently added cashu support.
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Wait why is cashu targeted by this if it's not self-custodial?
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Ecash mints are custodial. They are like banks that give you bank notes that allow you to redeem your money from the bank in the future.
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So this information is... not correct? So non-custodial wallets on Google Play, in the US and EU aren't restricted???
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10 sats \ 0 replies \ @nolem 13 Aug
Looks that way, the rage have updated their view lol
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1005 sats \ 1 reply \ @Scoresby 13 Aug
Literally none of them would be able to comply (even if they wanted to, which is outrageous). This is effectively a Google ban on self-custody. My hunch is that it will get reversed or amended because it's so outright insane, and I don't rule out it having been a comms mistake.