Not surprising, but still disappointing.
I know WoS gets a lot of flack around these parts, but custodial services will always have a place in the Lightning ecosystem. They are fine for small amounts and the easiest way for newbies to recieve funds without worrying so much about in-bound liquidity.
reply
Doesn't matter how little it is. If you're custodying user funds, especially in the US, without KYC, you're going to either shut down, rug, end up in jail, or be unpopular enough to not get noticed.
reply
Grateful you guys building web non-custodial wallet.
reply
deleted by author
reply
I noticed this pattern everywhere 😂
Our top priority is the safety and interests of our customers and our company.
rest assured that...
reply
It was always going to happen. I assumed they were going to shotgun KYC first or something like that though. I wonder what changed to make this happen. I think technically all custodial wallets aren't allowed unless they are qualified custodians or something.... looks at SN balance in corner
reply
Will stacker news go next?
You heard it here first, folks!
reply
Don't think Stacker News will be next, there are custodial KYC-free sites with LN deposits and withdrawals operating with bigger numbers.
reply
Stacker News on Nostr might become a thing? 👀
reply
Stackstr? lol.
reply
One day ends, another begins.
reply
deleted by author
reply
reply
deleted by author
reply
I know but this meme is so funny 😂
reply
I love the smell of "and then they fight you" in the morning.
reply
land of the free
reply
home of the brave
reply
Rule #1: Always use non-custodial wallets Rule #2: Follow rule #1
reply
Rule #3: Follow the rules stated by @pow
reply
reply
Thank you for sharing all those alternative Twitter frontends!
reply
Thank you for the sane alternative links for those of us who value privacy.
reply
I'm expecting @thebitcoinbugle to report that they are just preparing a re-brand for the american market. They will change the name to Wallet of Janet in the US.
reply
Oh that's funny. Might be a good one
reply
Just zapped you a bunch because I just wrote the article.
reply
Hey, thanks!
reply
RIP every bartender and waiter in America who got orange-pilled this way.
reply
time to get them onto Phoenix wallet
reply
After SEC and DOJ keep coming for Binance, WOS is taking the safe bet out before they might just come for them
reply
Apple wants lightning for themselves? They will tie it into Apple Pay and have a way to send/receive only white listed transactions…
This next 12 months in bitcoin will Be popcorn worthy man. Stay humble and self custody.
reply
The government is trying to get through bitcoin as it can't attack layer 2. Which is the lightning wallet because since apps are centralized they want a piece of the pie.
reply
removing the app from US app stores will not satisfy regulators - they will expect kyc on all users globally to make sure americans are not using it
yes, that is fucked up but that is how large custodians have been treated in the past
removing the app from US app stores abruptly with delayed comms indicates a level of panic from their team that is a concern - the only responsible path forward requires deliberate action from the wallet of satoshi team to encourage users to withdraw funds ASAP - otherwise the next course of action is likely a panicked shotgun kyc of all users without notice
reply
They might force KYC on you if you try to access it from a US IP with a grace period to withdraw like bitmex / bybit do.
or introduce limits.
Bybit has a $20000 daily limit for un-KYC'd accounts.
reply
Well what happens for not being open source?
reply
Why is there no option to download WoS from web?
reply
Sad, but expected.
reply
not surprised, USA is the worst place for bitcoin centric companies to operate
reply
and yet people still host bitcoin conferences in the USA.
Bad for doxxing yourself and the Patriot Act makes it very unappealing for visiting there.
reply
reply
What happened?
reply
I think that they were targeted because of being the most popular LN wallet. Other LN wallet are on the store without problem.
Where do we go from here?
reply
US folks can always sideload it.
reply
Nothing of value was lost
reply
PWA ALL THE THINGS!
reply
True.. There should be more PWA wallets.
reply
reply
reply
deleted by author
reply
Wait what? Travel ban?
reply
deleted by author
reply
What caused it?
reply
deleted by author
reply
Satsraiser for Joe??
reply
deleted by author
reply
deleted by author
reply
deleted by author
reply
deleted by author
reply
good time to start considering a migration plan to a self custodial solution
reply