chucklangstrumpf on Nostr: High fees mean most people need to use third party solutions which will get KYC and ...

High fees mean most people need to use third party solutions which will get KYC and surveilance requirements sooner or later.

So what exactly did we win? We are creating our own surveilance and control machine operated by entities abiding any rules a government sets up.

In El Salvador, almost everybody is using custodial lightning wallets. They log every transaction. Where is the difference to a bank or paypal?