Oddbean new post about | logout
 Again, I point you to the fact that I'm just an idiot. If I've misunderstood something, no one has bothered to try to disabuse me if whatever notion I've got wrong. Telling me "there's no KYC" and that "it's free, for now" means that while I'm technically wrong now, I won't be in the future if you and your band of merry 10 ever plan to expand, which, I've seen posts showing that you wish to integrate with payment systems that are FULLY KYC compliant, meaning your product will have to comply. 

"For now" is not assurance to someone like me who requires "never," or at least being up front and not naively asserting that a group developing a product is too small to challenge the government. Miss me with that weak attitude. 😐 
 There won't be ever KYC. If you run it on your own, it's free. It's open source. You can fork it. If you want us to host it in a cloud, that's what we charge for in sats. There are topups in app with some soft KYC like Moonpay, you don't need to use them though (and it's Moonpay doing KYC, not us and we do not see or collect anything).

We will not need to have KYC for users because of that, ever. It's self-custodial wallet in the end. What we offer as a service is cloud service, not wallet services so we will not need to do KYC. And never will 
 Cool. Then I'm wrong and faffing about like a raving lunatic.