Replying to Avatar u32Luke

I think this risk is very relevent:

https://xcancel.com/BobMcElrath/status/1925510399329292572#m

@Bob McElrath

Don't put @Tether_to on lightning. It will create an incentive conflict that will destroy both Bitcoin and Tether, giving miners incentives to short BTC/USDT while delaying or censoring, or orphaning channel open/close.

May 22, 2025 ยท 11:13 AM UTC

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u32Luke 6mo ago

Bitcoin vs. USD civil war is a very ugly future

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average_bitcoiner 6mo ago

Reprice energy in sats

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u32Luke 6mo ago

Petrosat

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u32Luke 6mo ago

Repricing various commodities in sats is very interesting. Gold to oil ratio is very popular

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u32Luke 6mo ago

Pushing for more stable coins is exacerbating this reality. They overload the front end of the UST yield curve and do not help long term issuance.

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u32Luke 6mo ago

If enough people don't feel empowered enough by bitcoin, none of this works. People will understandably resort back to statism.