Controversial opinion: zero coffees. Caffeine is a hardcore stimulant. It disrupts focus by not allowing you to calm down. Living without caffeine is life on zen mode. Took me 6 months to quit caffeine after 10+ years of daily consumption. Best thing I ever did, it was like rediscovering the part of myself that could focus on tasks and get complicated work done.
Meanwhile, on the Lightning Network https://nostr.build/av/7a180f405cc62c44cfdabb39143270099bc3ee9a618781dff6dfcb84557f1523.mov
Do you recommend anywhere to start with a lightning node?
Fiat is so nefarious that it absorbs and corrupts not only value but downstream fiatbrain absorbs our human values and subordinates them to money.
“What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit boom is built on the sands of banknotes and deposits. It must collapse.”
- Ludwig von Mises
The new era of economic prosperity and human progress starts when we capitulate on credit-based economics and return to sound economics. Keynesianism can’t not fail. And we will only be better off by it’s demise.
We are developing a hardware solution and API module called MBL for Meter By Lightning that will solve a significant disconnect that exists between when and how hydrocarbons flow compared to when and how the payments for delivered products are settled. The disconnect results in cash lag, credit risk, and increased energy costs. The problem is the extended settlement time, it introduces downstream risk and complexities.
MBL resolves these issues by integrating existing hardware and custom software developed by and for the energy industry with integration into a peer-to-peer payment network. MBL’s platform offers revolutionary transaction capability and near-instant settlements. Synchronizing the custody exchange of energy with payments removes the financial overhead currently required in the administration of sales across the Upstream, Midstream, and Downstream sectors of the Energy Industry. Creating undue financial friction that can impede investment and innovation.
https://www.youtube.com/watch?v=-ePeoavu5-w
Enabling energy companies to settle transactions more frequently, based on real-time sensor data, reduces counterparty risk and the need for collateral. Combined with the reduction in overhead costs from automating legacy and piecemeal settlement processes, MBL can help lower data error risks associated with manual accounting and settlement of hydrocarbons.
MBL will launch near real-time settlement service for Midstream companies, Upstream Operators, and other parties involved in the gathering and distribution of oil and gas, and energy early next year. Flexible transaction capabilities include oracle based pricing and simultaneous multi-party settlement. The service which provides custom software and hardware will be available for the broader energy industry starting in 2024.
#bitcoin #energy #oilandgas #lightningnetwork
If this is in early stage development I’d be interested in helping out. I’m living in Calgary, Canada’s oil & gas hub. I’m currently on a sabbatical to learn software development and bitcoin. I have previous experience in data science and GIS. Would love to get some experience in the bitcoin industry.
Halvings should diminish in importance as the block reward approaches the fee market size. However we have a few remaining very supply consequential halvings ahead. The current block reward creates a supply growth rate matching the gold mining rate:supply, but we are lacking the historical credibility of gold to match its ~10Tn market cap. This is what PlanB got wrong.
Bitcoin credibility is growing fast. The average person hasn’t yet realized how battle-tested and robust bitcoin is. Only exposure and time can fix this. We must be patient and keep building better Consumer Bitcoin products and services.
By the next halving epoch bitcoin will have better supply dynamics than gold and it’s already much better than fiat. When the level of credibility surpasses those other mediums we should have no problem exceeding their market capitalizations.
#[0] wen more sauna caps?!
Decentralized systems are going to remake our world in their image.