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0 sats \ 2 replies \ @SwapMarket 24 Mar \ on: "Lightning self custody works for 100 million users" "But it needs 10 billion!!" bitcoin
100mil will be enough because 99% of normies will never care. They are too comfortable in their invisible prison cells and don't want to climb the learning curve. For most, Bitcoin will always be just one more investment instrument, handled by a regulated entity. Especially now, when Travel Rule and AML freezes make non-custodial UTXOs scarier by the day.
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0 sats \ 1 reply \ @anon 22h
If you use Bitcoin as intended, for peer-to-peer transactions, you don’t have to worry about rules set by non-elected agencies. These rules can only be enforced on public companies.
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0 sats \ 0 replies \ @SwapMarket 20h
That was my view as well until yesterday. But then I saw in the Boltz telegram group that people are checking UTXOs they receive in a swap against chainanalysis bots like @BitOK_AML_bot. Because exchanges use the same services for AML and freeze such deposits. I won't send my UTXOs to CEXes, but most normies will sooner or later.
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