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↩ replying to Dennis
Published my take here. We are fighting hard. I think this is a sign of bad things to come from govt. they have been saying it for years. They don’t like “unhosted” wallets and they want to monitor every tx. Now they are using fake news to make it real at the banking layer.
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Yan | swan.com (@skwp) on X
Recently we announced that some of the banks and qualified custodians that Swan works with have been freezing or terminating accounts involved in m...
↩ replying to UNLICENSED MONEY TRANSMITTER
De nouvelles règles et lois sont en cours même le white paper ils l'ont travaillé avec tout un groupe y compris sans oublier les Autorités des Marchés Financiers afin de tout gérer sans disant pour la protection des citoyens jusqu'au P2P. Tenez vous informer de tout ce qui se passe dans l'EU et aux USA afin qu'ils ne soient trop. Je passe mon temps à suivre et j'ai vraiment mal au cœur de tous qu'ils créent soit disant pour pour notre protection
↩ replying to Grouch
Savez que la plupart de ces lois sont issues de la France et depuis octobre elle se retrouve à réglementer pour toute l'EU tant d'autres lois et règles qui seront beaucoup plus que contraignantes pour la cryptomonnaie dixit Liberté Égalité Solidarité..Toutes les lois contre lesquelles les Français se battent quite à immobiliser le pays ont un sens, nous ne voulons point du système Dickien de l 'UK.
If you use Swan, you value convenience more than privacy. People who value privacy more than convenience are using p2p methods of stacking and are unaffected. If Swan's announcement affects you, maybe look into routing around fiatworld's limp attacks instead of wringing your hands.
This is before the regulation even goes into effect. It may end up being a lot like the pharma mandates: private* businesses do the govt's dirty work without the state having to ever finalize the laws. Which means there's no one to take to court over constitutional violations. * "private"
Hey, all I know it seems easy to rag on Swan - and I agree with Matt's dystopia comment, obviously- but I can tell you as a new pleb who's trying to get her family on board that it's helpful to have bitcoin-only companies out there. Swan has a simple interface (KYC, I know... but simple) and they actively encourage self-custody. Also notice that it's not Swan itself that's anticipating the FinCEN regulation by cutting off connection to mixer wallets (assuming they're being honest in the letter). And they tell customers exactly how to go around the new rule.
these lying, stealing criminals have no idea the wrath of what is coming to them. The mistakes and the criminal (morally) acts that they are taking part it are condemnable. I am a free person, and speaking freely as a free man will do the following. 1. Never sell my bitcoin 2. Fuck you 3. suck my dick, everyone. 4. burn my keys in a fury of fire before giving access to any government cuck (pussy bitch) who can't enforce the words he writes down on a piece of paper, let alone take my keys without the help of grunts these are the rules. I don't make them. All glory to god, please be at my side. Men are born free.
What's up with the wording? - "...termination of your account with our banking and custodial partners." - it might be bad wording, but it doesn't say termination of the "swan accounts". Are they saying that the banks/custodians will start shutting the accounts (ie bank accounts) of the specific people associated with specific Swan transactions? How does the "partner" identify these specific people out of its all clients engaging with Swan?
I''m from the other side of the world. Can someone shed some lights on this matter? 1. Swan is a platform that offer service for people to buy bitcoin and bitcoin only. 2. They encourage all their users to withdraw and self-custody. 3. They are anticipating govt giving problems and help users to think ahead and be prepared. 4. They operate under US law. Questions: A: Is 1, 2 and 3 not a good thing for bitcoin? B: What are the benefit for bitcoin and people wanting to stack bitcoin to have Swan not complying and getting shut down? C: Some insist people should not buy bitcoin on any regulated platform and that people should just earn bitcoin. But most people cannot earn bitcoin even if they wish to. In my country, I certainly cannot earn bitcoin. And the only way to buy bitcoin is to send fiat to regulated exchanges with KYC. Good thing they still allow withdrawal.