good morning, stay humble and stack sats 🤙
Cashu is a cool project but is not going with the federated model. You get improved privacy over a traditional lightning custodian such as Wallet of Satoshi but you have the same custodial risk.
With fedimint the custodial risk is minimized since it is a multi sig custodian.
Running your own node is definitely a friction point but with lightning the bigger friction point seems to be liquidity management, particularly inbound liquidity.
Many of the people using ‘non custodial mobile wallets’ such as phoenix still have to trust the company that is running the node and providing them liquidity.
The concern I have is that we are onboarding a ton of people via custodial wallets and standardizing LNURL which has incentives pushing people toward custodial wallets.
Eventually these custodians will rug pull or shotgun kyc. It is difficult to reverse this course after the fact.
yea I think fedimint is a solid tradeoff balance in the near term, better privacy and less trust then the custodial wallets that are popular today, still would like to see fully sovereign usage get easier
good morning, stay humble and stack sats 🤙
this is my strange way of celebrating sir
now that Snowden has joined us expect more spam / relay ddos attacks
Welcome sir, appreciate you!
the increasing influence of statists within bitcoin will probably become a problem at some point, fortunately bitcoin is incredibly difficult to change
good morning, stay humble and stack sats 🤙
Google - 12000 laid off - jan 20th 2023
Microsoft - 10000 laid off - jan 18th 2023
Amazon - 18000 laid off - jan 4th 2023
Salesforce - 8000 laid off - jan 4th 2023
Facebook - 11000 laid off - nov 9th 2023
good morning, stay humble and stack sats 🤙
the fact that using nostr requires private key management seems like a great way to get precoiners comfortable with personal responsibility without money on the line
good morning, stay humble and stack sats 🤙
Join us for Lightning Week at Bitcoin Park!
July 11th: BitDevs
July 12th: Open House
July 13th and 14th: Lightning Summit
Additional workshops that week to be announced.
Summit Waitlist: https://meetup.com/bitcoinpark/events/291052525
good morning, stay humble and stack sats 🤙
thank you for your service sir
may start bear posting on twitter with the hope that bitcoin does the opposite of what I tweet