Profile: 2043bca1...
I don't like Mallers saying the lightning network CVE is no big deal.
The idea that this network would be open is a farce when you have to trust your channel partner.
New users/anonymous users are effectively shut out under these conditions.
I can only see it becoming easier to implement regulatory compliance under these conditions and it makes me sick.
Its not being dramatic when you have to trust your node partner.
This is only going to funnel traffic to your business because it's "trusted and regulated" while the entire lightning network model is compromised.
Bitcoin is the longest lever that can be pushed to create structural change
- nostr:npub1nvfgglea9zlcs58tcqlc6j26rt50ngkgdk7699wfq4txrx37aqcsz4e7zd
Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.
good morning nostr, it has been 337 days since Gemini Earn froze withdrawals - the winklevoss twins advertised their exchange as the most regulated in the world while they sent billions of dollars of customer funds to degenerate gamblers
https://www.reuters.com/legal/ny-attorney-general-sues-crypto-firms-gemini-genesis-2023-10-19/
Why isn't Barry silbert in jail?
in a review period for comments.
https://www.nobsbitcoin.com/gross-proceeds-and-basis-reporting-proposal-ai-comments/
I see, 2nd citizenship is looking better everyday
Is it passed or is it going to pass?
This is great!
For all that want a tutorial. nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 has this one to make them quiet and portable.
Does braiins pool have lightning network withdrawals?
I can't imagine paying on chain fees for rewards from a space heater s9.
I still think there's value in his idea of transferring energy into the future.
I've tried to think about a way to make energy bonds with timelocks but it's still missing some pieces.
https://bitcoinmagazine.com/culture/bitcoin-is-time-traveling-energy
He has a GitHub where he originally posted the idea and I think also the private key 🔑
Why doesn't he take transaction fees into account?
The fees will outweigh reward long before block 7140000.
I always envisioned Bitcoin distribution as an engine where you use the reward to crank it initially then the economy fuels it with activity.
We need to stop going for sat/USD parity.
We need Sat/kWh parity
Rabbit Hole Recap with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy will go live in 3 hours at 1P CT / 1800 UTC.
Join us in the nostr live chat 🫡 https://rhr.tv/stream
I think stables on LN are valuable because it'll allow fedimints to offer a mix of whatever is most comfortable for their users.
It's Andreas Antonopoulos idea immersion inversion, we put all banking on Bitcoin and then gradually inverse it to pure Bitcoin as personal tolerance and volatility numbers within range to run business smoothly.
good morning nostr, had a great conversation on building strong local circular economies at nostr:npub1theparkprcs70dcs437ke9zzwsr6u60f8flu7rg28m30438aep9sd94dha last month, check it out 🫡
My favorite comment was how the jewish community spends internally and earns externally. What's Bitcoin's version of kosher? 🤔
Marty Bent
Welcome to a Proper Shitshow. The cascading debt crisis is here.
Higher yields, sticky inflation, a deteriorating economy, fiscal irresponsibility and political dysfunction are proving not to be confidence inducing. Markets are pricing this in.
https://tftc.io/martys-bent/a-recession-is-going-to-pour-fuel-on-the-growing-fiscal-fire/
I wonder if they'll ever open the energy markets, or if this is all intentional to serve private interests? 😂
