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Brad Mills
148d1366a5e4672b1321adf00321778f86a2371a4bdbe99133f28df0b3d32fa1
Angel Investing into #Bitcoin & p2p web Companies, supporting bitcoin culture at Geyser.fund Grants.

What do you say when a friend or investor says “ETH has been a better investment than bitcoin on nearly all time frames” based on this coin metrics chart.

Been hearing this a lot lately from the usual suspects using this chart.

Replying to Avatar dread

- People want uber like convenience, and low cost for transactions when using money

- Non-custodial bitcoin or lightning is a straight up non-starter for most of the world

- Many users end up using custodial wallets for the convenience but...

- No privacy for their transactions

- Trusting their money to randos instead of holding it themselves

- They get rug-pulled all the time regardless if its a good custodian or not (FTX, Paxful)

- current example is Wallet of Satoshi, super easy to use and is a very successful wallet, prob the best LN wallet out there, but might rug-pull us all any day.

- FediMint is a easy to use bridge solution before we get to non-custodial, based on society today.

Here are the highlights:

- If you are gonna trust someone, its good for it to be someone local in your community.

- Even better for it to be multiple local custodians that hold multisig keys, so they would have to consipire to rob everyone (and the users of the fedimint know where they live and can go put a beating on them)

- Best part, the 'eCash' inside the fedimint moves around freely, without any trace. no users, no wallets, no blockchain. its just data moving around like *actual physical cash* would

- The 'eCash' is also interoperable with lightning, so you can still send to CashApp, Strike, WoS, BlueWallet, etc. which would leave the FediMint automatically and seamlessly.

*Here is the finishing move:* Bitcoin is not scalable, even Lightning is not fully scalable to billions of people without taking years of full blocks to get people onboarded. FediMint+Lightning is scalable TODAY to the world.

Is the ecash sats, or is the ecash usd tokens ?

The other day I had a dream that my next door neighbors were #[0]​ and #[1]​ and across the street was #[2]​.

For some reason Saylor was moving into the neighborhood, Preston had moving in 6 mths ago but NVK was always my neighbor.

I was challenging myself to wake up and realize this was just a dream, because Saylor would not move to a middle class neighborhood in Canada.

In the dream I woke up from the dream and thought “what a weird dream” and then I went across the street to Rodolfo’s house to hang out with him and Preston.

The I woke up from the real dream.

The most incredible way to kick your Twitter addiction. Interrupts the reflex/dopamine exploitation loop just enough for you to take back control, before you get sucked in.

https://one-sec.app/?qu=app

Sure do! It’s hanging above my urinal

Where’s your LNurl for zaps! Grab a Wallet of Satoshi

Not exactly like that. Federal reserve banks are private but the federal reserve isn’t really private afaik.

There’s nuance to it, but the benefits are more that the fed gives a license to the commercial banks to print money.

It’s a revolving door between wall st, treasury, fed and congress

This data is not very accurate, it’s not apples to apples.

Ethereum addresses are not users. Many ppl have hundreds of addresses for airdrop farming.

That’s why I was hoping for clustered addresses which is more like users.

They can’t just get joe lubin to give them his data?

He’s tracking everyone between infura and MetaMask he knows 99% of individuals by all their addresses, ips, browser resolutions etc

Nope - try asking it about NFTs, web3 or a shitcoin.