The Canadian government strikes back
"I knew this day would probably come, but didn't expect it so soon.
I am being investigated for running an illegal money transmission business in Canada (nodeless)."
— utxo
Today we woke up to the news that utxo is being forced to shut down his business nodeless.io.
Fortunately, utxo made the source code open source in anticipation of this event but that doesn't make the situation less shameless.
Canada is ramping up its efforts to ban any activity that could threaten the government of Prime Minister Trudeau.
Nodeless.io is a legitimate, peaceful business
Nodeless.io hosts your own instance of BTCPay Server, the open source Bitcoin payment processing software so that you don't have to and it charges you a small fee for doing so.
Nodeless.io is as much of a money transmission business as Microsoft Azure, the cloud provider for Mastercard Cloud Point of Sale solution.
But nodeless.io operates with Bitcoin and Canada doesn't like that.
Let's take a look at the services offered by Nodeless.io.
Nodeless.io is making it easy for businesses, not-for-profits and content creators to get paid in Bitcoin. It is not nodeless.io who gets paid. Money goes automatically to the Bitcoin or Lightning wallet of the business and nodeless.io gets a cut for the services provided.
Everything that nodeless.io does, you can do yourself with the BTCPay Server software. Utxo just automated the process so that we don't all need to become BTCPay Server experts or IT experts. That is not a money transmission business, that is an IT business.
So why is the Canadian government doing this?
Canadian citizens kept the protests of the Canadian truckers going by funding them with Bitcoin once the government ordered the banks to freeze the trucker's money and Mr. Trudeau didn't like that.
The Canadian government of Prime Minister Trudeau sees Bitcoin as a threat to its authoritarian mandates.
What's next
Utxo's fight is everyone's fight. Nothing is free. So go and support utxo the webmaster 🧑💻 with some Bitcoin.
Zap his profile or any of his posts.
Rights must be constantly defended. Otherwise evil will chip at them, little by little. You gotta fight for your right (to Bitcoin!).
Notable notes
Recommendations
Utxo
Obviously.
You can follow the account at utxo the webmaster 🧑💻.
Stay tuned and contribute if / when utxo opens up a Geyser Fund for his legal fees.
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— Alejandro
This newsletter is for educational purposes. It does not represent financial advice. Do your own research before buying Bitcoin.