gr8ful4 on Nostr: First they came for Monero, which you were able to buy without KYC. Now they are ...

First they came for Monero, which you were able to buy without KYC. Now they are going fully custodial without you being able to deposit or withdraw. How are you going to prove they are not running fractional reserves?

We've never been further from our former ideals. Cryptocurrencies have lost their meaning as a tool for liberation as well as an speculative investment. It's now fully captured by old and manipulative financial forces.

In most cases it may be even better to use established fiat systems than using any of those crippled Bitcoin services.