Nostr Web Client

Why doesn’t a company like Microstrategy use some of their #Bitcoin to create professionally managed proprietary Lightning channels and couple with enterprise-grade in-house custodial wallet software then bundle the package and offer to companies as a turn-key fast payments service?

They could offer global tx rates 30-50x cheaper than Visa / Mastercard with instant final settlement. Clear value proposition for any entity who adopted and MSTR could earn Sats and break into a new sector.

Any opinions #plebchain ? Seems like a slam dunk for a public software company.

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Discussion

Whales Are Not Real 2y ago

How dare you not be satisfied with our duct tape and bubble gum solutions!!!

BTC_P2P 2y ago

I love the resourcefulness of global plebs! This is just a glaring enterprise opportunity imo. SO many companies want to circumvent Visa / Mastercard. A solution that is orders of magnitude faster AND cheaper is just sitting there waiting to be built out…

Mr. Freedom 2y ago

Because the winning strategy with a highly deflationary asset is to spend as little as humanly possible. One day there will only be 1 #bitcoin left. Why waste it? Especially on something that will disappear with deflation

BTC_P2P 2y ago

I’m picturing using the channels in the exact same way Strike purports to. As a way to move money instantly / globally but settle backend in whatever fiat the customer wants. Absolves them of cap. gains, MSTR takes their fee, customer gets instant settlement at ~98% cost savings relative to tradfi intermediaries.

Mr. Freedom 2y ago

Not sustainable in a deflationary environment

BTC_P2P 2y ago

Seems perfectly sustainable as exchange rate just adjusts with spot price movement. If channels hold too much liquidity size / value can easily be amended.

Mr. Freedom 2y ago

The winning strategy is to exchange as little as possible. Eventually the losers will go broke and then demand for exchanges will disappear