We are sold KYC, AML and surveillance as protection, while the Bank of England moves to restrict 'unhosted wallets' to keep activity within intermediated systems in the name of stability and control.
These rules do little to curb illicit flows but expand data collection, erode privacy, impose costs, and add friction and limit access through banks and intermediaries.
Self custody removes that layer entirely, exposing the limits of that approach.
When policymakers shaping these rules have never used a wallet or sent a transaction, that gap in understanding gets written into policy.
What’s being sold as protection is harm.
Further context in the articles below.
fnew (nprofile…8cwv) Roxom TV (nprofile…9m7x)
Susie / Susie Violet
npub1hw…503sg
2026-03-23 08:12:18 UTC
Author Public Key
npub1hwgw0uznr49t4gullpgfz4m5xnakl5a0l88m3k382xv7ys0tfmlsd503sgPublished at
2026-03-23 08:12:18 UTCEvent JSON
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"content": "We are sold KYC, AML and surveillance as protection, while the Bank of England moves to restrict 'unhosted wallets' to keep activity within intermediated systems in the name of stability and control.\n\nThese rules do little to curb illicit flows but expand data collection, erode privacy, impose costs, and add friction and limit access through banks and intermediaries.\n\nSelf custody removes that layer entirely, exposing the limits of that approach.\n\nWhen policymakers shaping these rules have never used a wallet or sent a transaction, that gap in understanding gets written into policy.\n\nWhat’s being sold as protection is harm.\n\nFurther context in the articles below. \n\nnostr:nprofile1qqs80cjjxm2psuux933tsd0w5ljjtf49j9rxnxmyajweh3cgg5ca76gpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcj78cwv nostr:nprofile1qqsr7wsusu63u3qzm4evaadu43eydg4trvaw22l6u200gujjkl55ctcpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqg5waehxw309aex2mrp0yhxgctdw4eju6t06j9m7x \nhttps://blossom.primal.net/f3ae6445e136d40ec86c41efe917f667e5be3eedbcf35ac4771aebb390d67ea2.mov",
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