fusion44 on Nostr: The same thing happened a few months ago when the Cyber Resilience Act came into ...

The same thing happened a few months ago when the Cyber Resilience Act came into force. Everyone freaked out, but 5 minutes of googling showed that it's not great, but also far from "EU bans open source" and "open source devs are now liable for any damages".

quoting nevent1q…9mk3

There are lots of misinformation on social media about EU AMLR regulations. Please ignore the noise. When googling I found top 100 articles writing garbage about this topic. any news website that has a word "coin" in it is a scam...! Be Positive.. When Uber started, you have to go one corner of the airport to meet the driver.. Now almost every airport has a designated spot for Uber pickup. We will get there..!

They did not outright ban self-custodial wallets..! which is the good first step...

" the AMLR applies only to OEs/service providers and explicitly excludes obligations for providers of hardware and software or providers of self-custody wallets that don’t have access/control over the crypto-assets "

We will get there slowly..turning one stone at a time...! We are building more tools everyday.. #lightning, #Nostr #cashu #NWC and lots of other cool tools..

Happy Monday...!