I knew this day would probably come, but didn't expect it so soon.
I am being investigated for running an illegal money transmission business in Canada (nodeless)
Under the advice of my lawyers I need to shut down the main instance of it.
As you guys know I made Nodeless completely open source in the event that this happens, so that others who don't live under communism can run a honest, privacy focused payments business.
To my clients who are using it, I'm very sorry for the short notice but you'll need to find a new payment processing solution this weekend.
DM me on telegram and I will personally walk you through setting up a btcpayserver instance that you can self host, or even your own instance of nodeless.
I can't give much more information than this, not even supposed to say this much, but I owe it to you guys to let you know what's going on.
To install nodeless on your own server, you can get started here:
https://github.com/nodeless-io/nodeless-monolith
I wasnt familiar with nodeless.
What was the illegal part? Were you converting + moving fiat too? Or was simply routing BTC enough to count as "money transmitter"?
Been testing it and they don't appear to touch fiat. My guess is it is that they have no KYC and are custodial.
Were they custodial?
Yes
I suspect it's just beginning.
Alby could be next.
That’s why I’m surprised this post didn’t receive more love yesterday.
#328684
Need more solutions like this!
Well shoot
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How at risk is coinos? Pretty useful for merchants and swaps ..
good point! cc @adamsoltys
Forgot to use quotes. To be clear Nodeless is not my service nor am.I associated with it. I have been testing it out and saw this on Nostr this morning.
Damn commies
Is El Salvador big enough to accommodate all of us?
yes, but there is not enough houses
Damn....
Do you need to stay in Canada?
Not my service.
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Now I'm angry. This is a nice way to take donations.
blink.sv
getalby.com
lightningaddress.com has a decent list
Some potential solutions in this thread:
view on njump.meI'm sorry to hear this. You created a great service. You can use this experience to build something even better.
Not my service.
Sorry to hear. Did El Salvador making Bitcoin legal tender end up screwing you?
Not my service.
I thought maybe El Salvador legal tender opened up a pathway for them to include bitcoin as money because it is legal tender in another nation.
Unbelievable… The great news is that Chinada does then recognise bitcoin as money!
Do anyone knows if there’s any law that explicitly define it as illegal?
Well, the government isn't really concerned about double speak. It's money only when it's illegal 😞
serious question: how does wikileaks stay online?
It’s in the name. Can-nada.
Can’t do anything there anymore.
(Or exact translation…can do nothing)
There's a silver lining to this, to my knowledge BTC is classified as a commodity similar to gold. To continue with this investrthe Canadian Government would have to officially declare bitcoin as money. I appreciate all the work that Nodeless has done to help simplify payment processing for users but I have to also thank them for putting this issue on the governments radar.
Your fight is our fight. Keep building and stay free my friends
Antonopoulos point of view about regulations:
https://twitter.com/loveisbitcoin21/status/1728485478834356462
https://m.stacker.news/5900
Building Bitcoin company in EU, Canada, Australia or USA is asking for free trip to "gulag".
Escape the regulatory hellholes.
That sucks. Good luck!
😢
Am i the only one who can't seem to open the note on any client?
I wish Stacker News showed me this post was already made before mine, whoops.
URLs were different I'm sure.
Not my service.
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Different relays.
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