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This escalated quickly 😅 View quoted note →

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This is getting even crazier than I imagined. Do you know on what made up rules this is based? 😅

Sad state of things

WTF?

Might as well go back to having an actual king lol

so the UK doesn't want people to use cryptocurrencies and not be able to store their coins in cold wallets.

What the actual fuck?

WTF. And if we’re not proactive they’ll come for our wallets in the US as well.

This is like the state officially saying: knowledge is dangerous, we need you to be stupid and compliant

At this point, the UK government should be blocked from UK citizens, for everybody's safety and security.

at least maybe they will be protected from all the phishing attacks due to ledger mishandling of data.. 🤣

The same with a recent bitkey blog post

The UK is not doing well. They got the digital ID coming in too, not good, do not comply.

donkeydom island

“New rules” My country of birth going through some very tricky times What could possibly go wrong with a government censoring the internet…? View quoted note →

Grim, flee whilst you can

Given ledger’s record on security, it’s probably for the best anyway….

now I am curious 🤔

This probably relates to the Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023. It has to be “in the course of business”, basically if you want to profit, you must comply. Both bitkey and ledger are blocking their own blog sites to UK users in order to remain compliant - probably whilst they attempt to register with the FCA - at which point these pages will return. I’m not defending this and the UK state is increasingly authoritarian but it’s probably better to avoid hyperbole and be accurate. For the time being at least, we’re still free to talk, teach and publish about Bitcoin. I still remember a lot of NGU bitcoiners crying for “better compliance” and “clear regulation”. Well in the UK, it’s here now. Cheers for that.

Well.... First of all..... Fuck Ledger !!

Dystopia accelerates