Damus
OpnState profile picture
OpnState
@OpnState

Effect change anonymously.

Let every man make known what kind of government would command his respect, and that will be one step towards obtaining it. -Thoreau, on Civil Disobedience

Experienced policy advisor who promotes open and transparent government and free-market regulatory frameworks.

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Recent Notes

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I'm sure the government will say the solution is a stronger and better digital ID infrastructure that will prevent hacks.

Its all for your safety.
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I did AML legislation for a major gov. I am happy to help your project with free advice on how to avoid virtual asset regulatory pitfalls. Just pm me here.

You guys need to anonymize your codebase development as much as possible. Web hosting, everything.

The regulatory capture of bitcoin is a real threat to freedom of transaction.

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People don't participate in their political system enough. They think that voting once every four years is sufficient and all they have to do.
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Yes, I know that's the case, but Banks stopped accepting transfers from Chivo. The word went around as well that Chivo no longer works or will no longer be supported. And so people just stopped accepting Bitcoin using Chivo.

And ATM is fine if you're withdrawing $100, but I'm talking to mounts that are slightly bigger here. My builder used to be able to go to his bank and transfer from his cheaper, but can't do that anymore without a substantial fee.
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Just my observation on El Salvador and the IMF.

I'm currently in process of building the home in El Salvador. Though many will say that the IMF loan and the removal of Chivo and the revisions to the Bitcoin law have done very little to stop Bitcoin adoption there, I can state from firsthand experience that ever since Chivo stopped operating, it's been much more difficult for me to purchase and do business in El Salvador with bitcoin.

Chivo was a resounding success that just wasn't given enough time. I could literally go to anybody, a carpenter, a contractor, the windows guy and ask him if I could send him Bitcoin and they would all say yes because they had access to Chivo.

Yes, there are other apps like Blink, but the fees are astounding when individuals have to withdraw cash at a local bank. One local app that my contractor uses, for example, charges 1% to convert to USD and then there's a 1 to 2% fee when withdrawing at the local bank.

I'm building a house, so I regularly send them, say, $5,000, which translates to quite a bit of fees.

Just wanted to state firsthand how I think the IMF did in fact Dramatically slow down mainstream Bitcoin adoption in El Salvador.

Still a great country.
OpnState profile picture
The fact that we're not even allowed to study any kind of opposing views to me is a giant red flag for this.

You don't censor because something is true. You censor because it's false and there's something you want to hide.
OpnState profile picture
Everything just falls apart once you have digital identity and your requirement to use it to access the internet.

I say everything, but it's only everything digital. There's going to be a huge movement back to analogue. Learn to use a ham redio.