Going to do a deep dive on capital accrual on the lightning network
It seems that adding liquidity, not losing custody, and providing infrastructure, with your Bitcoin, is a incentive-aligned investment for a Bitcoin maxi
Most of the time I am put off by:
- counter party risk
- liquidity risk
- liquidation risk
- the hurdle rate of Bitcoin
- tax risk
But thus far, and I could be wrong, all due diligence is positive
I wonder, the yield of say 10% that is available should you optimise it well
Why won’t that be compressed? As more capital becomes available and sophisticated, I assume it’s less profitable to run a node, channel, and provide liquidity?
Really does seem like a clean play at to create yield on your Bitcoin