They Call Him Dan - 1. Self Custodial Wallets will be illegal.

in #thecallhimdan6 months ago (edited)

“So they’re going to start coming after the self-custody wallets” - @theycallmedan

After seeing the recent arrests of Keonne Rodriguez and William Lonergan Hill, founders of the Samourai Wallet, it’s becoming pretty clear that Self Custodial wallets are most likely going to be next on the hit list and may even become illegal, meaning KYC (Know Your Customers) will most likely be a requirement for all crypto related businesses in the future.

Despite the argument by Bitcoin privacy supporters that the ability to conduct transactions anonymously is not just a preference but a fundamental right, Governments want to come after your privacy and control where and with whom you can spend money. As the stranglehold of regulation and control takes a hold, anonymous wallets will become harder and harder to come by.

Will autocracy win out, are there options for the people and if so, what side effects are these going to come with?

Featuring: @TheyCallMeDan
Director/Editor: @TheDeltron

What do you think about the future of self custodial wallets? comment below

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Great video.

Listen to @theycallmedan is a pill of wisdom, clear and concise dialect.

The Battle for economic decentralization will not be easy, those who control the world do not want us to be free, they will do whatever it takes to eliminate all hope of freedom.

Only through work and study will we be able to advance towards a better world.

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I'm not familiar with it, needs to study more.😊

!ALIVE
!LOL

The powers of today's world do not like any individual independence. Their goal is absolute control of every single person. Her opinions, he wants to know what she buys, what her political position is. He wants to control everything.
Reason?
He is scared. They are afraid that people will get angry and want their freedom and independence back

@hivesnest!

@bpcvoter1 passed you the virtual joint!
If you do not want to receive these comments, please reply with !STOP

its sad to think about leaving your whole community behind. but sooner or later somethings got to give right?
Im not exactly adverse to sinking with the ship.... but the idea of not just floating, but actually flying.... thats very appealing

Everyone has their limits. We now also have the freedom tools to push back. Maybe even successfully stay in our own countries and get freedom back…

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