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Working for The System

On Damus you get notification for zaps though, so that’s better anyway.

The best part about Zaps, they can me anonymous if you use the profile LN button or leave your name if you use the Zap button. In this case #[6] is the anon :)

Looks like #[0] enabled NIP-57 Zaps, well done

As always, #[0] writes exceptional newsletter posts.

Quote from the February piece:

"Back in 1913, the price for a barrel of oil was $0.95. Today it is $79.

Also in 1913, one gold ounce could buy you 22 barrels of oil. Today, one gold ounce can buy you 24 barrels of oil. In other words, oil priced in gold has been basically flat over a century. It just had volatile ups and downs along the way due to wars, recessions, and other things. Oil priced in dollars had similar ups and downs, but also had a 4.5% annualized upward price trend that compounded over a century.

This is because, at the end of the day, most of what we measure as price inflation is due to money creation and the declining purchasing power of individual units of currency. It’s like doing carpentry work for decades while your measuring tools get slightly smaller each year, and so everything seems like it is gradually getting bigger. Around that trend there are various more noticeable supply/demand imbalances.“

Read the full and latest free newsletter here:

https://www.lynalden.com/investing-newsletter/

Wait till you hear about NIP-05 and NIP-57, good luck 👍

I don’t think Blockstream is the problem. C-Lightning is a great product, also of Blockstream and they are opposite of web3-like… Maybe it’s really a solution looking for a problem. Fedimint could potentially be more interesting than liquid, if you have to throw in a federation.

So happy that we traded Pomp for Natalie 🤣

any time 👍

Liquid is a ghost town. A beautiful newly built city, where nobody wants to live. Why?

Why would one use Liquid instead of LN? Is it a failed product?

Ok the first one didn’t show up for me. But the second ⚡️ worked.

You can use your StackerNews LN address for full NIP-57 ZAP support:

#[0]

“In our empirical analysis, we find that Bitcoin is unresponsive to both monetary and macroeconomic news. In particular, the result that Bitcoin does not react to monetary news is puzzling as it casts some doubts on the role of discount rates in pricing Bitcoin.”

Well, we will see if macro plays a role in the next cycle.

The content on #nostr grew a lot. I can no longer read every single post of my follow list. We are growing 🤙