Replying to Avatar Daniel Prince

Now up across all platforms.

nostr:nprofile1qqsrjxqeute0zwusetrjp9qeadt5aa7q686wsxr8lsjvg73uuh52yjqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp064a45g joins the show to admit he once worked for the government repairing the roads that they claimed to build 😉

Oh and Lightning stuff with nostr:nprofile1qqsz4uq7p44arw0mh83agv2h6ezep7e8mnau403g0p99svhp00hms7cpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcpp4mhxue69uhkyunz9e5k7tcw2swvy

https://fountain.fm/episode/C9GLOxMwneX8lsvHveRw

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u32Luke 4d ago 💬 2

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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Jestopher 4d ago

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.

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u32Luke 4d ago

They can mess with channel open/closes though

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