All the banks are insolvent. Mark to marked has been suspended since 2009..
GM be your own bank #bitcoin
Wait until CCPs (centralcounterparty clearing houses) fails and they have to tear up your CDC contracts at the end of the waterfall.
Micropayments and the Lightning Network
"Before the World Wide Web, the internet, or even the personal computer revolution, the concept of making tiny payments in exchange for digital content had already been conceptualized. The term “micropayment” can be traced back to Ted Nelson as early as 1960, when he began brainstorming his ideas for what a globally accessible, computer-based repository of human knowledge could look like, and coined many other terms and ideas that are used on the web today, like “hypertext” and “hypermedia”. While often failing to implement his own vision for the web (and being vocally regretful of how the web took shape), others took many of his ideas and built them into what we know it as today."
You will find peace of mind
In the mountains I will be found
Pura Vida
First beefy FDIC Bail-in test case in progress
Terra, alemeda, blockfi, ftx, sivergate bank, and in silly valley vc bank failure seem to be spreading to other banks as many more have trading halted atm. Shrug..
Haha did degenerate shitcoiners and vc's pop the fiat bubble?
Its scattered through out the whole thing lol. All the big wigs you never heard of is there. Head of DTCC, European systemic resolution authorities, big bank ceo's, etc.
The fiat masterss are afraid, and is preparing for systemic defaults, and bank bail-ins. Public communication and gaslighting strategies are discussed.
Hot take: If a few thousand zaps in half an hour is slowing down zap enabled wallets, scaling zaps around a few custodial wallets will be an issue. This is bullish for decentralization of zap enabled lighting wallets. Since zaps quickly turn into ddos attacks on wallets a huge market for zap enabled lightning address services and wallets are needed for nostr and zapping to scale.
An inverted yield curve does this. Banks "lend long and borrow short" and this is a losing trade atm..
Any news on this #[1] ? Also would love to have nip 57 support. I know there is something cooking in lnbits with regard to nip 57 and wonder how this would play with this script?
There is no bailout s in bitcoin. The bankers need to get burned like everyone else. I don't make the rules.
US yield curve inversion screams recession, brace your self for a hard landing..
Me too been progressively worse last few weeks. I can't use it anymore. Use to love it.