FBI issues warning, Phoenix Wallet leaving US app stores, Bitcoiners standing strong

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin is still in the same price range as yesterday ($63-65k) and isn’t moving very much. Holding the $63,588 level would be a sign of potential upward movement.

SATOSHI HAS BEEN GONE FOR 13 YEARS NOW:

13 years ago, Satoshi Nakamoto made one of his greatest contributions to #Bitcoin, he went MIA. POST: https://twitter.com/JAN3com/status/1783911991142158529

Michael Saylor: Satoshi created a way, gave it away, and walked away. POST: https://twitter.com/saylor/status/1783900501089615907

FBI WARNING:

🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. POST: https://twitter.com/RadarHits/status/1783594765537214590

FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services

FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services’. In a move against what's deemed the best practices in Bitcoin security, the Federal Bureau of Investigations issued a warning to Americans against using 'cryptocurrency' services that are not registered as money services businesses (MSB) or do not perform KYC surveillance on their users. ARTICLE: https://www.nobsbitcoin.com/fbi-warns-americans-against-using-no-kyc-services/

Recent announcements from US authorities cast a doubt on whether self-custodial wallet providers, Lightning service providers, or even Lightning nodes could be considered Money Services Businesses and be regulated as such. POST: https://primal.net/e/note1lrdshxahnm2tsr9grv99e6w3am6y74zzjpjqgq6p8zgldrse5p3qq73kwp

PHOENIX WALLET:

On May 3rd, 2024, @PhoenixWallet will be removed from US app stores. Users from the US should empty their wallet:

Settings > Close channels (Android)
Settings > Drain wallet (iOS)
We highly recommend *not force-closing* channels, as on-chain fees could be significant.
POST: https://twitter.com/PhoenixWallet/status/1783878658014249027

Dylan LeClair: Non-custodial Lightning wallet shutting down in the U.S. after recent announcements from U.S. authorities. Software is free speech. #Bitcoin is free speech. It’s time to take a stand. If not now, then when? POST: https://twitter.com/DylanLeClair_/status/1783884641901940792

Alex Gladstein: This is a disaster. Phoenix advertises itself as the “Bitcoin wallet from the future” and it’s true. The US government is chasing technological innovation out. A sad, sad day to be an American. POST: https://twitter.com/gladstein/status/1783880829438972316

ZEUS WALLET’S STATEMENT:

We believe that ZEUS is following the letter of the law right now… POST: https://twitter.com/evankaloudis/status/1783892634982859039

We believe that ZEUS is following the letter of the law right now

Please remember, everyone's hero @elonmusk specifically tried to push the narrative that running a Lightning node makes you a Money Services Business. POST: https://twitter.com/GrassFedBitcoin/status/1783904451285123541

FIAT/GOVERNMENT NONSENSE:

JUST IN: 🇺🇸 US Senator Elizabeth Warren writes letter to the DOJ claiming cryptocurrency is the "payment of choice" for child s*xual-abuse materials. POST: https://twitter.com/WatcherGuru/status/1783884914292588962

You are NOT just a tool pushing the agenda of the big banks. POST: https://twitter.com/Boomstick44/status/1783890875099070647

You are NOT just a tool pushing the agenda of the big banks

Lyn Alden: When countries enter fiscal dominance, they almost invariably turn up the capital controls. Commerce is intrinsically peer-to-peer, but many of those in power want all payments to go through centralized, permissioned, surveilled, approved corporate/government gateways. POST: https://twitter.com/LynAldenContact/status/1783895676495012299

Crypto Tea: The FBI calls crypto money so they can arrest you for money laundering. The IRS calls it property so they can tax you on capital gains. The SEC calls it a security so they can sue every exchange. The CFTC calls it a commodity so you can’t use it as a currency. POST: https://twitter.com/CryptoTea_/status/1783882913009823796

I wake up. New Infringement on freedom. Repeat ad nauseam. POST: https://twitter.com/benthecarman/status/1783907715682595016

I wake up. New Infringement on freedom. Repeat ad nauseam

NEWS: "For the first time in our nation's history, a 30-year-old man or woman isn't doing as well as his or her parents were at 30" - Scott Galloway on MSNBC. Fiat steals future generations' wealth. #Bitcoin. POST: https://twitter.com/SimplyBitcoinTV/status/1783898179756585413

NEWS:

BITCOIN WILL OVERCOME:

This week may feel very very dark for #Bitcoin and for those who believe that all people, everywhere, should be able to transact freely with each other, as one of their most basic freedoms. POST: https://twitter.com/freddienew/status/1783885354363388368

Max Keiser: #Bitcoin is separating money from state in real time and the state is dying. They’ll lash out and try everything to stop their collapse, but it’s over for the state. POST: https://twitter.com/maxkeiser/status/1783898421213925862

“If your government is worried about their own citizens controlling their money, the most important question you have to ask is, What the hell is wrong with why government? Not, what the hell is wrong with Bitcoin.” ~ Andreas Andreas Antonopoulos. POST: https://twitter.com/sathoarder/status/1783655763640262703