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Do not accept the proposed bill even with the amendments!!

Bitcoin Reddit

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I make this thread is because i see many bitcoin influencers and CEO says the bitcoin community should support the amendments.

The amendments do not exclude any LN hub operator from the KYC requirement. It only exclude wallet developers, miners and wallet users. But if you run a LN node that routes any tx on behalf of someone else ( as LN is designed to do) , you will be subjected to the KYC law.

The CEOs running business that already is subjected to KYC dont care. Their LN hubs are already complying to this law.

I urge the community to stand strong and dont support a law that render LN as a permissioned network. Its what decentralization is about.

submitted by /u/Express_Routine_7929
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