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0 sats \ 7 replies \ @grayruby 18 Dec \ parent \ on: Is The SBR A Threat To Self Custody? Memes
Hopefully they don't even try and if they do it is challenged and overturned in court.
Agreed.
Just wondering if anyone else is asking some of the more difficult questions while we are all high on NgU
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The first person that is jailed or killed, everyone else is going to be leaving asap. If I’m the first person, it’s going to be very costly for them, with no payoff.
ΜΟΛΩΝ ΛΑΒΕ
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I like your style.
I hope you’re right.
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It would be difficult to enforce. I suppose they could easily ban and enforce transfers out of kyc custodians like Coinbase to non custodial addresses but not sure how they enforce a ban on self custody. Even if they knew every person that held bitcoin in self custody they would need them to turn it over willingly or search their premises.
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…and arrest anyone who was unable or unwilling to surrender their private keys.
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If they do a good enough job with a propoganda campaign, they could make it so that you’re still liable unless you can prove that you sent them to a compliant custodian.
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