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conduition
npub1l6u…zvtg
2024-05-08 15:58:00

conduition on Nostr: Privacy and self-custody services with a central point-of-failure are not stable ...

Privacy and self-custody services with a central point-of-failure are not stable long-term.

https://www.nobsbitcoin.com/agoradesk-localmonero-shutting-down/

https://www.nobsbitcoin.com/zksnacks-to-suspend-its-coinjoin-coordination-service-on-june-1st/

https://www.nobsbitcoin.com/samourai-dojo-v1-25-0/

https://www.nobsbitcoin.com/phoenix-wallet-to-be-removed-from-us-app-stores-on-may-3/

https://www.nobsbitcoin.com/sparrow-wallet-v1-9-0/

https://www.nobsbitcoin.com/samourai-wallet-founders-arrested-and-charged-with-money-laundering/

The cull we're seeing in the past couple weeks is just the beginning, but it's a good sign: They're pushing back because we're gaining ground.

If you want to run a privacy business, i see 3 choices:
- Decentralize your business (no single PoF)
- Mask yourself (build pseudonymously)
- Comply (by KYCing)
Author Public Key
npub1l6uy9chxyn943cmylrmukd3uqdq8h623nt2gxfh4rruhdv64zpvsx6zvtg