xx on Nostr: Here’s what could hypothetically be going on with Primal. To be clear, I don’t ...
Here’s what could hypothetically be going on with Primal. To be clear, I don’t mind this happening for users that explicitly consent, but this KYC happens in the background without explicit user consent, which is not cool. Lot’s of Bitcoin OGs promote Primal.
== What Could Hypothetically be Happening with Primal ==
Primal signs an exclusivity with Strike and to incentivise as many users as possible to add a wallet, they lock post functionality unless wallet is added. Then unbeknownst to the user, KYC data based on Apple ID information is submitted through Strike without explicit user consent. Users are all doxxed through strike KYC linked to npubs. Post specific zapping will let users pay for unlockable digital content and in app purchases in an environment that’s all nicely money travel rule compliant.
Welcome to WeChat / WeChat Pay on Bitcoin! aka legacy banking 2.0.
🎤 goodnight, try the punch.
== What Could Hypothetically be Happening with Primal ==
Primal signs an exclusivity with Strike and to incentivise as many users as possible to add a wallet, they lock post functionality unless wallet is added. Then unbeknownst to the user, KYC data based on Apple ID information is submitted through Strike without explicit user consent. Users are all doxxed through strike KYC linked to npubs. Post specific zapping will let users pay for unlockable digital content and in app purchases in an environment that’s all nicely money travel rule compliant.
Welcome to WeChat / WeChat Pay on Bitcoin! aka legacy banking 2.0.
🎤 goodnight, try the punch.