Chris Liss on Nostr: People are thinking about the Samourai situation the wrong way IMO. They’re worried ...
People are thinking about the Samourai situation the wrong way IMO.
They’re worried about hiding (KYC vs non-KYC) like it matters.
"Oh, I see you’ve bought a house, but we have no idea where you got the money for it and can’t trace it back to a sats purchase you made through your bank. We do see you paid taxes on $60K per year and have a $5M house, but we will leave you alone in this citadel since we can’t trace the specific sats to your bank account!”
FFS, if they’re coming after your property, they’re coming after your property. They don’t give a fuck about your rights, and they don’t really care how you got what you have. You think it matters they can’t *prove* you got it through sats appreciation? They can’t prove someone else didn’t lose his keys, either. They don’t care.
The beauty of the technology is they literally cannot seize this one asset unless you volunteer the keys. They can jail you, they can murder you, but they can’t take it from you, and more importantly they can’t do so remotely. They need to expend resources and be on camera, in person. This is a very big handicap and a huge advertisement to others to store their wealth out of their reach.
You have the strongest hand in the history of humanity. Stand up to the bully.
They’re worried about hiding (KYC vs non-KYC) like it matters.
"Oh, I see you’ve bought a house, but we have no idea where you got the money for it and can’t trace it back to a sats purchase you made through your bank. We do see you paid taxes on $60K per year and have a $5M house, but we will leave you alone in this citadel since we can’t trace the specific sats to your bank account!”
FFS, if they’re coming after your property, they’re coming after your property. They don’t give a fuck about your rights, and they don’t really care how you got what you have. You think it matters they can’t *prove* you got it through sats appreciation? They can’t prove someone else didn’t lose his keys, either. They don’t care.
The beauty of the technology is they literally cannot seize this one asset unless you volunteer the keys. They can jail you, they can murder you, but they can’t take it from you, and more importantly they can’t do so remotely. They need to expend resources and be on camera, in person. This is a very big handicap and a huge advertisement to others to store their wealth out of their reach.
You have the strongest hand in the history of humanity. Stand up to the bully.