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11 sats \ 2 replies \ @nerd2ninja 10 Jan \ parent \ on: CFPB proposes rule change to EFT rules; wants to cover virtual currency wallets Politics_And_Law
That's a good thing.
Bitcoin works best under hostile conditions.
Also the "industry" if you mean the cryptocurrency industry, is all fraud and scams anyway.
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0 sats \ 1 reply \ @ZezzebbulTheMysterious 10 Jan
You believe it is a good thing that bitcoin developers in the U.S. could have financial liability if the users lose their money due to their own negligence?
Why would anyone put themselves at this risk, out of the goodness of their hearts on an open source project?
This is not a good thing.
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31 sats \ 0 replies \ @nerd2ninja 10 Jan
Yes, I think developers should be as scared as Satoshi was. I think our mailing list should be on a .onion hidden service.
Too much cowardice for a project designed around resiliency in the face of adversity. We need more adversity so we stop getting developers who make half assed apps that die off as soon as a little regulatory uncertainty is introduced.
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