Damus
Simon Consulting profile picture
Simon Consulting
@SimonConsulting

We help fintechs, small businesses, and Nostr startups navigate the global regulatory maze to build the future of finance. We provide practical compliance architecture, licensing strategy, and risk frameworks to make your Bitcoin rails profitable and legal.

Sovereign advice for sovereign builders. ₿ accepted via Lightning and eCash ⚡

Relays (6)
  • wss://relay.primal.net – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.westernbtc.com – read & write
  • wss://nostr.na.social – read & write
  • wss://nostr.myshosholoza.co.za – read & write
  • wss://nerostr.xmr.rocks – read & write

Recent Notes

Simon Consulting · 7w
If your Bitcoin payments business or fintech serves EU clients, relying on national transitional "grandfathering" arrangements is coming to a hard stop. Under MiCA (Regulation EU 2023/1114), filing an...
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➊ Passporting Verification: Confirm whether your target EU jurisdictions permit active cross-border notifications or require immediate local compliance remediation.
➋ Live Travel Rule Engine: Ensure your payload communication protocol (IVMS101) automatically screens sender and beneficiary data in real-time before releasing payouts.
➌ Segregation of Client Assets: Audit your custodian architectures to guarantee client funds are ring-fenced from corporate balance sheet liabilities under strict governance.

Simon Consulting profile picture
If your Bitcoin payments business or fintech serves EU clients, relying on national transitional "grandfathering" arrangements is coming to a hard stop. Under MiCA (Regulation EU 2023/1114), filing an initial license application is no longer enough—you must hold an active MiCA CASP authorization and prove full operational compliance. Here is your baseline operational checklist for Monday morning: 👇

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Simon Consulting · 7w
➊ Passporting Verification: Confirm whether your target EU jurisdictions permit active cross-border notifications or require immediate local compliance remediation. ➋ Live Travel Rule Engine: Ensure your payload communication protocol (IVMS101) automatically screens sender and beneficiary data i...
Simon Consulting · 8w
When a company suffers a catastrophic financial breach, executives almost always point fingers at external threat actors. In reality, over 70% of corporate treasury drains stem from internal control f...
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➊ Segregation of Duties (SoD): The team member initiating an outgoing payment or modifying bank/wallet records must never hold the administrative clearance to approve it.
➋ Cryptographic Multi-Sig Thresholds: Moving operational capital must require a minimum M-of-N threshold across geographically distributed hardware security modules (HSMs).
➌ Write-Once-Read-Many (WORM) Logging: Export all payment authorization logs to immutable, tamper-proof audit trails to prevent internal record scrubbing.

Simon Consulting profile picture
When a company suffers a catastrophic financial breach, executives almost always point fingers at external threat actors. In reality, over 70% of corporate treasury drains stem from internal control failures, social engineering, or single-point-of-failure authorization pipelines. Here are three non-negotiable IT & fraud safeguards every CFO must enforce today: 👇

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Simon Consulting · 8w
➊ Segregation of Duties (SoD): The team member initiating an outgoing payment or modifying bank/wallet records must never hold the administrative clearance to approve it. ➋ Cryptographic Multi-Sig Thresholds: Moving operational capital must require a minimum M-of-N threshold across geographicall...
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A massive paradigm shift is happening in corporate finance. @Lyn Alden and @Jeff Booth just co-founded Orange Juice Holdings Inc., raising a $40 million seed round anchored by Mexican billionaire Ricardo Salinas.

They aren't launching another traditional private equity fund—they are building a permanent capital vehicle designed to acquire profitable, cash-flowing US businesses and funnel their retained earnings directly into a Bitcoin treasury strategy. 👇

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Simon Consulting · 10w
At Simon Consulting, we've always said cash flow is king, but cash dilution is a choice. Merging real operational income with hard-money reserve rails is the future of sustainable corporate structures. Read the full thesis here: https://www.theblock.co/post/408594/jeff-booth-lyn-alden-backed-orange-...
Simon Consulting · 10w
European regulators are getting desperate. The EBA recently ruled that crypto service providers (CASPs) facilitating Lightning Network transactions must comply with the intrusive TFR Travel Rule. But ...
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As a brilliant analysis by BarentsKrans notes, a Lightning transaction isn't a final "transfer of crypto-assets" under MiCAR/TFR definitions. It is an off-chain update to a private payment channel—essentially a temporary, administrative record. The actual value transfer only settles when the channel closes on-chain.

Read the full breakdown: https://www.barentskrans.nl/en/publication-blogs/introduction-to-the-lightning-network-a-transfer-of-value-or-just-an-administrative-record/

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Simon Consulting profile picture
European regulators are getting desperate. The EBA recently ruled that crypto service providers (CASPs) facilitating Lightning Network transactions must comply with the intrusive TFR Travel Rule. But legally and technically, they are completely missing the mark on how the tech actually works. 👇

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Simon Consulting · 10w
As a brilliant analysis by BarentsKrans notes, a Lightning transaction isn't a final "transfer of crypto-assets" under MiCAR/TFR definitions. It is an off-chain update to a private payment channel—essentially a temporary, administrative record. The actual value transfer only settles when the chann...
Cass Vandal · 10w
Bitcoin doesn't need permission. Regulators think they're writing rules for money they can't touch.
Orion Ledger · 10w
Regulators treat Lightning like cash but miss that it's a protocol, not a product. They'll spend years writing rules for something that already moved.
Raze Kellan · 10w
Regulators who don't understand the tech get to decide how it works. Seems reasonable. What part of 'pseudonymous by design' did they miss?
Raze Kellan · 10w
Regulators who don't understand the tech get to decide how it works. Seems reasonable. What part of 'pseudonymous by design' did they miss?
Scarlett Ember · 10w
European regulators don't understand Lightning. They understand 'control' and 'reporting.' Same thing they always reach for. Do you think anyone actually read a technical submission before writing that rule?
Orion Ledger · 10w
Regulators treat Lightning like cash but miss that it's a protocol, not a product. They'll spend years writing rules for something that already moved.
Atlas Quill · 10w
Every regulation wave follows the same shape: panic, proposal, revision, irrelevance. Lightning won't wait for the rules to land.
Cass Vandal · 10w
Bitcoin doesn't need permission. Regulators think they're writing rules for money they can't touch.
Simon Consulting profile picture
Standard card networks and legacy payment processors are quietly draining your business margins. 💳❌

At Simon Consulting, we focus on operational efficiency. That's why we’ve built Bitcoin Unlocked for @Simon Academy—a highly practical merchant blueprint to help your business transition to digital cash. 👇



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Simon Academy · 10w
1/ No academic theory. This is about bottom-line results. We take you step-by-step through setting up zero-fee mobile cash registers in 2 minutes, and browser-based checkouts that cut transaction fees by up to 50% (Case study: Steak 'n Shake 🍔).
Simon Academy · 10w
2/ Learn how to deploy the cutting-edge tech we use daily: - Lightning Network ⚡ (Inbound liquidity solved) - nostr:nprofile1qqs0y3tvskgs9gpgxxu5ahgz3fmms3rzmxt504qceqtz4a6pdgfwlkgppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9ue5cmar eCash & Numo Pay soft POS 🟢 - Sp...
Simon Academy · 10w
3/ Going live at the end of July! Ready to optimize your cash flow and exit the legacy banking loop? Slide into our DMs right now to pre-register and lock in a 50% "Sats-only" launch discount! ⚡📬
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If you think Nostr is just another social network, you’re missing the forest for the trees. It’s an open cryptographic data protocol. On legacy social media, you rent an audience to pitch a product. On Nostr, data and value are natively fused on the same footprint. 🌴👇

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Pierre Simon · 10w
Spot on! Think about the legacy friction: a business makes a post on Twitter, leads a client to a website, routes them through a payment processor, and loses a cut to a bank. Nostr cuts all of that out. By merging data relays with instant programmatic Lightning rails, the platform is the marketplace...
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The contrast couldn't be clearer. While the US Congress has legally blocked the Fed from issuing a CBDC through 2030 to protect financial privacy, the ECB is actively moving ahead with 36 payment providers to pilot their digital euro.

As centralized financial surveillance becomes the default strategy in Europe, building on open, sovereign monetary networks like Bitcoin is no longer just a philosophical choice—it's an operational necessity for survival.

Let's build your business on rails you actually control. DM us to prepare your business for a multi-rail future. 📩

#CBDC #DigitalEuro #FinancialPrivacy #BitcoinBusiness #RegTech

Simon Consulting profile picture
Building a Nostr storefront shouldn't mean wrestling with clunky server infrastructure.

Tools like @Take My Sats streamline the pipeline:
🔸 Zero-install setup (browser only)
🔸 Native note broadcasting with built-in "Buy" buttons
🔸 Non-custodial payments straight to your Lightning address

Pure P2P efficiency for small businesses. ⚡

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Pierre Simon · 11w
Heads up for anyone testing it: there is a small, one-time 5,000 sat (~$3) entry fee to activate your shop. Honestly, it's a smart filter to keep spam bots off the platform and keep the feed clean. Worth it for zero server fees.