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Makes sense. Not what you want when you're in a growth phase. And particularly not for those folks without a Lightning wallet or without Bitcoin knowledge.
If there's any silver lining, I imagine it focuses minds to a more non-custodial future & roadmap. Assuming there's anything ever to come from crappy legislation.
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I imagine it focuses minds to a more non-custodial future & roadmap
Yes, we're very excited about that!
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Yep
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We aren't sure what the limitations are yet, but we're hoping they might be able to still use the site non-custodially at least.
Also not sure. In general, it seems like we'll need a polyglot solution for compliance even for US customers (eg new york makes it nearly impossible to get a money transmitter license). Non-custodial peer matchmaking services are presumably compliant in the US, but that's a big UX pill to swallow for 10-100 sats. So we need to solve for a very unmotivated bitcoin curious nocoiner trying the site for the first time too.
We've been going over this repeatedly for a few weeks now. I'll write up our plans next week which aims to be such a polyglot approach.