Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
The broad crypto industry rallied hard soon after the White House threatened to veto the bill that would let banks custody digital assets. And now it’s making a big difference, with Congress voting strongly for it, the White House pulling their veto threat, etc.

While it’s right to pass that bill and let banks custody them if they want, it’s sad to see that the crypto industry response to that was like 100x bigger than the response to all of the anti-privacy stuff that has been happening.

The desire of people in the industry for banks to help pump their bags is way bigger than their desire to pave a way for freedom tech in general.

Much love to all those building and supporting real freedom tech.
6057❤️155🤙75🫂11💜8🧡7❤️4
graffiti · 126w
The markets have never rallied around the tech advancements either.
superkruger · 126w
Most pro-freedom people have no clue what it takes to enforce personal freedom. Ask any American with a gun.
Kaizen · 126w
Incentives
johnny · 126w
The discourse of freedom and privacy only rises while the pockets are empty. Then there is no more space when the suitcases are full.
Satosha · 126w
Bitcoin Custody for common person is impossibly hard .. if banks participate in this eco system , its actually decentralisation of custodians .. I am not limited to say coinbase or cash app now .. As for privacy , there are enough privacy tools for those who seek it . Bitcoin is public ledger by d...
cadayton · 126w
We need to start blaming ourselves for these political issues because they happened because we all stood by and did nothing. Article V of the US Constitution provides us a means to deal with our corrupt Government, but we need to get active about it. https://conventionofstates.com
Jay Stratton · 126w
I often worry that the general masses won't care about privacy until it's too late. Any time I talk about it with friends and family, I get responses along the line of sarcasm or the occasional "we don't have to worry about that here"
Sab · 126w
Well aren’t you and nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m part of the people in the industry to help pump their bags ?
Mark · 126w
I’ll take this win and focus on freedom tech next!
Eluc · 126w
Also if it pumped because of US politics, it's yet another example that US have still way too much influence on Bitcoin (and crypto) as well as the whole finance in the world. Hopefully moving to the Bitcoin standard will reduce this influence and spread it out to other regions and populations.
Big Barry Bitcoin · 126w
Always has been .gif
scl · 126w
Let be honest with ourselves. 98% of people don’t give a shit about privacy, until they need it. Its all about number go up
protozoan numbness · 126w
As expected
Erik · 126w
Perspective is important and I love how you clearly communicate it nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a 🫂
nostrich · 126w
What is your take on Monero?
hunter wells · 126w
❤️
Notions · 126w
It takes a gross violation of privacy for these individuals to care. What if someone posted all the financial transactions of all the bank ceo’s, media ceos, and politicians? How big of a reaction would it be?
Lucid · 126w
Government gay
🇮🇹 Ṭø§Č̣āṄɛĻĻø 🇮🇹 · 126w
Let me get this straight. . . . You feel it's "just" and "right" for banks to be able to custody an asset they've been spending more than a decade mocking, ridiculing, harnessing, and coercing the shit out of with non stop FUD? Literally, financial parasites who are part of a squadron in cahoots...
pukka · 126w
People don’t want to learn how to self custody and that’s a huge mistake.
Tom · 126w
I share in this sadness. People are still stuck in the old world counting their pieces of fiat paper. Meanwhile in the new world being able to use Bitcoin privately is becoming harder—and worse still, it is not because of technological limitations but because the US government has taken to the wa...
Rand · 126w
trojan horse/wait 4 it
Lyn Alden · 126w
14 years ago today, a guy ordered 2 pizza's, and paid for them with 10,000 #Bitcoin   I wonder how he's feeling today At some point, people will realise that they have more to fear by not embracing #Bitcoin     than by embracing it. You can easily 100x your portfolio this period with the...
Nick Slaney · 126w
“Crypto” policy in a nutshell
PunkDunk · 126w
It would be good for you to talk on NOSTR and why it's the future for decentralized Social Media.
Bud · 126w
Banks and ETF custody is good for Bitcoin adoption. Grandma is never going to want a Cold Card.
Sovtoshi · 126w
Banks should be free to offer Bitcoin services if they choose to. Let the people decide what they want. Bitcoin is for everyone.