nostr:nprofile1qqsrjxqeute0zwusetrjp9qeadt5aa7q686wsxr8lsjvg73uuh52yjqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp064a45g have you seen this concern about stables on BTC from Bob McElrath? It creates an incentive for miners to manipulate the system.

https://xcancel.com/BobMcElrath/status/1816085890109751320#m

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Discussion

I've encountered the concern before and it applies to onchain activity. Lightning transactions would be largely unaffected by the mining game theory at play in MEV.

Using Bitcoin for this purpose can't be stopped in the same way as arbitrary data storage. Consequently, we should embrace reality that Bitcoin is a neutral value transfer system.

They can mess with channel open/closes though

https://xcancel.com/BobMcElrath/status/1928230514181189791#m