CSW: Laws Will Apply to Bitcoin

CSW published an opinion on the future of Bitcoin on its personal blog, which is not friendly to Bitcoin's Lightning Network operator or miner. One of Bitcoin's biggest attractions is its so-called unauthorized, anti-authoritative nature. But according to CSW, these are fantasy. CSW claims that virtually any amount of bitcoin purchased did not meet legal CDD (Customer Due Diligence) and KYC (Know Your Customer) requirements, which gave the Lightning Network Operators who received this "stolen" Bitcoin Bring trouble. CSW claims that the Lightning Network is about creating a system on top of balances, not on tokens, because they are treated differently by law. But without BTC tokens as the initial seed bank, Lightning Network will not work. This is the biggest flaw of the system.