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Wallet of Satoshi Winds Down Custodial Service in EU. Here's The Laws That Affect It

Wallet of Satoshi Winds Down Custodial Service in EU. Here's The Laws That Affect It

Users of the lightning wallet application Wallet of Satoshi are reporting to be unable to access the application’s custodial wallet, and are instead being prompted to use the application’s non-custodial wallet.

Personal Opinion

Regulations in the eu have become so draconian, I now intentionally avoid all eu services, whether it’s banking, crypto or server hosting.

Regular banking often requires phone apps and increasingly government issued phone apps too. This invariably includes increased surveillance, restrictions and attestations between biometrics and physical devices.


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Cash-like privacy is among digital euro's hardest political tradeoffs

Cash-like privacy is among digital euro's hardest political tradeoffs

Trade-offs between local institutions are expected to shape the digital euro’s final form, as debates continue over holding limits and privacy features.

Personal Opinion

It’s hilarious that so much effort has been put into a foolish belief that a digital euro is needed when everyone else doesn’t give a shit. Not least that fiat money is largely digital anyway.

And then they go to add “features” to restrict use, such as holding limits. Or a fake privacy narrative that will grant them a master key. It genuinely blows my mind.

That a bunch of unelected people can feel so vulnerable to Ethereum and DeFi in general, and scared shitless that their own economies are losing to dollarization.


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Australia’s search ID goes into force, Ireland lobbies to ban anonymity

Australia’s search ID goes into force, Ireland lobbies to ban anonymity

New rules requiring search engines like Google to verify the age of logged-in users and filter content for everyone else.

Personal Opinion

There are two sides in balance.

On the one side, your average person should be horrified that the very people they elected are the ones muffling free speech. On the other side, it’s easy to use a VPN to bypass legal requirements.

And while there is likely some people caught in the middle ground, there appears to be a lack of enthusiasm to bat more than an eyelid. The usual story, that people need to be directly affected before they care and seek a quick escape hatch.


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