Post
Topic
Board Wallet software
Merits 2 from 1 user
Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop
by
o_e_l_e_o
on 13/11/2023, 13:43:09 UTC
⭐ Merited by Pmalek (2)
This is the future that governments are longing for and slowly building. If you think that your, at first sight, government-friendly bitcoins are safe, think again.
What an absolutely damning indictment of Wasabi. So even though they pro-actively started censoring people of their own volition, and not because of any regulations at the time, when said regulations do start to take hold the centralized exchanges discriminate against Wasabi all the same. So Wasabi's direct funding of blockchain analysis and their direct censorship of Wasabi users has achieved absolutely nothing for them. It would make you laugh if it wasn't so tragic. And terrible behavior from Swan as well. This new FinCEN proposal is just that - still a proposal. They are also trying to comply with regulations which don't exist yet, and are selling out their users as they do so.

This preemptive complicitness from the likes of Wasabi and Swan is disgusting. It empowers the government to push ahead with such regulations, and indeed, to go even further in the future.

Quote from: Timothy Snyder
Most of the power of authoritarianism is freely given. In times like these, individuals think ahead about what a more repressive government will want, and then offer themselves without being asked.