Damus
Matt Corallo
Recent notes
We’ve got one shot at fixing the law or Americans simply won't have access to the best wallets available and US devs will be locked out of providing the best UX! It’s time for Bitcoiners to fight for our right to access our wallets, before it’s too late. As most of you know, under Biden, the DOJ decided that ancillary services to noncustodial wallets are MSBs, charging both Samurai Wallet and Tornado Cash with operating an unregistered Money Services Business (nevermind that no regulator would have accepted theirr registration!). The definition the DOJ used applies not just to privacy services, but also to lightning nodes, rollup sequencers, Ark, Spark, and more. Basically every technology anyone has come up with for providing better scalability, privacy, or user experience for cryptocurrencies requires some kind of ancillary service, the exact things that would be made illegal! While the Trump DOJ has (partially) walked that back, the next admin will be right back at it - the only solution is to get the law changed so that this isn't a risk in three years. Luckily, the Blockchain Regulatory Certainty Act was recently re-introduced by Reps Emmer and Torres to fix this issue, but they need our help! Please, please, pick up the phone and make a 5 minute call to congress, make clear that this is a simple straightforward amendment of the law to bring it in line with existing FinCEN rules. saveourwallets.org will give you the phone numbers to call for your zip code. nevent1qqszvcdxcqn2jtghcmfvyj24zzfsv4z084gawqr8c7mh6euk306838quspfm8
And, again, my point above was about what happens when people *regularly* want to create non-standard transactions. As long as it’s incredibly rare, there’s not a lot of demand and only one or two pools might offer it (indeed, F2Pool and MARA today). The whole start of this drama was because a potentially-large transactor wanted to fill the UTXO set with garbage because they didn’t want to rely on OP_RETURNs. Obviously that changes the calculus here.
Alright by popular(?) demand, here’s a great track from Shazam in a restaurant bathroom which it turned out was a Moroccan family band. https://www.youtube.com/watch?v=T7vycrwxRLY