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

Bitcoin vs. USD civil war is a very ugly future

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Discussion

Reprice energy in sats

Petrosat

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

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.

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