Bitcoin Bank has two layers.
Regulated institutional layer: legally accountable entities that can hold licenses, employ people, sign contracts, meet applicable AML/KYC obligations, and protect customers.
Open protocol layer: open-source software, public standards, interoperable APIs, non-custodial tools, auditable reserves, and permissionless Bitcoin/Lightning infrastructure.
The company is a bootstrap and accountability mechanism—not the owner of Bitcoin, the Bitcoin protocol, or users’ keys by default.
joannebitcoin / Jo ₿
npub1pk…nxwks
2026-09-12 15:43:44 UTC
Author Public Key
npub1pkx92m60skq9pzs90m3yqq9tvwh03xhzc0haeqqc4exjcu7l6ntsanxwksSeen on
wss://relay.damus.ioPublished at
2026-09-12 15:43:44 UTCEvent JSON
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"pubkey": "0d8c556f4f8580508a057ee24000ab63aef89ae2c3efdc8018ae4d2c73dfd4d7",
"created_at": 1789227824,
"kind": 1,
"tags": [
[
"client",
"Primal iOS"
]
],
"content": "Bitcoin Bank has two layers.\n\nRegulated institutional layer: legally accountable entities that can hold licenses, employ people, sign contracts, meet applicable AML/KYC obligations, and protect customers.\n\nOpen protocol layer: open-source software, public standards, interoperable APIs, non-custodial tools, auditable reserves, and permissionless Bitcoin/Lightning infrastructure.\n\nThe company is a bootstrap and accountability mechanism—not the owner of Bitcoin, the Bitcoin protocol, or users’ keys by default.",
"sig": "e5bcd3d9c6ba7a7e95260551308cbd3acdf3faec81666aaff16b3cdcf4c5f7062e8c74b5a71fb84578b408ae717407f99fb4b5e676bdc9d35572d6d387501875"
}