⚡Bitcoin: Hammer blow in the ecosystem⚡

🤝🏻The Bitcoin Policy Institute (BPI) has launched its#P2PRights Fund to safeguard the decentralized and intermediary integrity of the#Bitcoinecosystem. The goal is to defend non-custodial tools and their developers from regulatory overreach to ensure innovation, privacy and user autonomy, focused on preserving the decentralized nature through litigation and advocacy.

⚖️Supports key legal cases and provides regulatory guidance, to create a legal framework that fosters the growth and resilience of the Bitcoin open source community. BPI emphasizes that Bitcoin's success is based on its#P2Pfoundation which distinguishes it from other electronic cash systems. This decentralized, open source tool, powered by its users, operates regardless of greed, corruption, politics or overregulation.

⚒️Non-custodial tools with multi-signature wallets,#Lightningservice providers and Coinjoin coordinators have been created to improve security, facilitate cheap transactions and ensure privacy. US regulators have focused on the non-custodial ecosystem, prosecuting developers of open source tools and companies such as Tornado Cash, Samourai Wallet, Uniswap or MetaMask.

🛟The fund's first project is to defend Keonne Rodríguez and William Lonergan Hill, founders of Samourai Wallet. Rodriguez and Hill face conspiracy charges for committing money laundering and operating a money services business without a license.

✍🏻BPI co-founder David Zell stated that "in defending this case, the fund aims to ensure that the court understands the technology and legal principles at play and seeks a favorable result that establishes that non-custodial privacy tools They cannot be regulated under the Bank Secrecy Law. "

#Codeislaw💎