matt

@SenWarren these are my daughters, flipping a coin to generate a 256 digit binary number. We converted this to hexadecimals, generated a bitcoin private key, and created a wallet. No KYC was, or will ever be, required.

Idiotic statements like this are made when policy is prepared by those who do not understand technology, and lack the intellectual curiosity to try. I’m far from a defender of stablecoins (for me they retain all the disadvantages of fiat currencies, not least of which being the peg to a currency controlled by a central bank). But I recognise at least that they exist, and that people use them, and the technology has certain properties. At the same time, I try very hard not to publicly call out people for rank stupidity, even when (like the @bankofengland here) they clearly deserve it. Saying ‘self hosted wallets will not be permitted under the UK’s stablecoin regime’ is a statement of such monumental, such overweening, stupidity, that it is hard to formulate a sensible response. Perhaps there is no point in trying. Let them say this, and then let everyone in the UK simply continue to use their ‘self-hosted wallets’ (ie ‘wallets’) without paying them a second’s more attention.

All the speed. All the security. Blockstream app 5.2.0 lets you seamlessly swap across all three layers of Bitcoin, all while being protected by @BlockstreamJade: ⚡ Receive Lightning payments directly into cold storage ⚡ Pay Lightning invoices from cold storage 🔄 Swap seamlessly between Lightning, Liquid, and on-chain Convenience and control, all within the Blockstream app.

Digital ID consultation launched by govt a few hours ago Go get em. Closes 5th May 2026 gov.uk/government/con… This is the full consultation document. I am going to read every word and then do a write up. It will take me time to do this. I also suggest everyone reads it if they can, as it will give us key info on what is hidden within the wording and key areas to look out for by what they are NOT saying gov.uk/government/con… Post from t.me/lawyersoflight