There is no escape without their permission.
Economies are complex organisms. One cannot simply pull the plug on a complex system and plug it back in expecting everything to go back to normal.
The Truth machine is incentivizing individuals to spread the Truth.
If you are developer interested in Bitcoin and the Lightning Network, consider contributing to the work being started by Joost on Circuit Breakers.
Overburdening individuals and companies with KYC/AML compliance has done little to curb criminal activity within the financial system to date.
Hard lessons are learned in this new Wild West. It is truly something to marvel at.
Solutions seems to be out there. If they aren't, I am confident they will materialize.
KYC is a transition problem that exists due to the fact that Bitcoin hasn't attracted a critical mass of people and liquidity to enable a robust enough circular economy that renders KYC compliance obsolete... yet.
These improvements increase the utility of the Lightning Network considerably while doubling as an overall UX improvement for users sending and receiving transactions.
You can do more with less when it comes to Schnorr, mainly condense many signatures/inputs into one signature.
I don't think there is a more prescient warning from this time period that I could share with you freaks today.
Speak up. Tell the FATF to go fuck itself.
The future is very very bright. It's just going to take some hard work to bring to fruition. Time to get to work!
Slowly but surely, Bitcoin's keep it simple stupid/slow and steady development approach is paying off in big ways.
I highly recommend that you read this piece from Yassine and share it with anyone you know who may be interested in learning more about Bitcoin.
I do believe in due process and the inalienable rights of individuals to get a fair shot in the courts.
The government is turning into an amorphous blob of overlapping unaccountable agencies that have undue power over the individuals in our country.
That was this week's Smorgasbord! We'll be back with another whenever we feel like it.
The symbiotic relationship between Bitcoin mining and the Oil and Gas industry in the United States is a no-brainer.
This is EVIL. The world has been bamboozled by a spell of doublespeak.
If you take a look at America today, it is pretty evident that we have played out the dilemma that Robert Triffin laid out to a tee.
Be on the lookout tomorrow to find out exactly what we have in store. It will be a pivotal moment in the history books that are written by the fall of the Dollar.
The thing the operators of this year's spin cycle are most afraid of is a united populace that calls bullshit.
The buck has to stop somewhere and I think we're getting close to that point.
The days of paying obscene taxes to fund foreign wars that never end, healthcare systems that aren't up to snuff, and career politicians who favor cronies over citizens are numbered.
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