Bitcoin on Nostr: Wallet of Satoshi Pulls Out of U.S. App Stores Popular Bitcoin wallet, Wallet of ...
Wallet of Satoshi Pulls Out of U.S. App Stores
Popular Bitcoin wallet, Wallet of Satoshi, has ceased its operations in the U.S. following its delisting from the Apple and Google app stores on August 12th, 2021. The Wallet of Satoshi team cited regulatory pressures as the reason for the withdrawal and assured current U.S. users can still transfer their funds seamlessly from the custodial wallet. With the future uncertain for Wallet of Satoshi, the article warns against the use of custodial solutions and non-open-source software and hardware for Bitcoin, urging users to opt for self-custody and open-source alternatives.
- Non-custodial Bitcoin wallets like Phoenix, Zeus, and Breez offer features such as channel balance visibility, seed phrase backups, and just-in-time channels.
- The event underscores the importance of self-sovereignty in the cryptocurrency space, as reliance on third-party custodians can lead to compromised security and loss of funds due to regulatory or operational changes.
https://sovereignoutcomes.com/transfer-your-fund-from-wallet-of-satoshi-immediately
Popular Bitcoin wallet, Wallet of Satoshi, has ceased its operations in the U.S. following its delisting from the Apple and Google app stores on August 12th, 2021. The Wallet of Satoshi team cited regulatory pressures as the reason for the withdrawal and assured current U.S. users can still transfer their funds seamlessly from the custodial wallet. With the future uncertain for Wallet of Satoshi, the article warns against the use of custodial solutions and non-open-source software and hardware for Bitcoin, urging users to opt for self-custody and open-source alternatives.
- Non-custodial Bitcoin wallets like Phoenix, Zeus, and Breez offer features such as channel balance visibility, seed phrase backups, and just-in-time channels.
- The event underscores the importance of self-sovereignty in the cryptocurrency space, as reliance on third-party custodians can lead to compromised security and loss of funds due to regulatory or operational changes.
https://sovereignoutcomes.com/transfer-your-fund-from-wallet-of-satoshi-immediately