What is the main reason Gold doesn’t scale? Because it’s expensive and difficult to transact.
What would be one of the cheapest ways for a nation state to kill Bitcoin in the crib? To make it expensive and difficult to transact, just like Gold.
1. Scoop up a material amount of Bitcoin for a trivial price(from the government’s perspective)
2. Flood the network with senseless and wasteful transactions to drive up the cost for everyone.
3. Implement trusted custodians everywhere and force KYC and regulatory compliance.
4. Integrate the same failed monetary policies (fractional reserve banking, etc.) on top of Bitcoin.
One of the main reasons Bitcoin is better than Gold is because it is possible for anyone, anywhere, to take possession of their assets instantly and with very low cost. That is what is at stake today.
nostr:note1l2yu9m5l6wmlkdxfe9mdmjt4fnpe8x6lhclmp32arn2yf0yq2sxsxxhkdu
Holy smokes, 57,000 Sats to open a channel in Phoenix?
New Bitcoiner onboarding fail.
https://nostrcheck.me/media/public/nostrcheck.me_1803783309264558741702598789.webp
Ethereum
Outlaws and Criminals sounds like a Louis Lamour novel.
BREAKING: Everything is terrible.
Love the ideas people offered to this.
I have several kids, and I'd like to set each of them up with their own lightning wallet so that I can pay their allowance in Sats. None of them have their own smartphone. Are there any desktop or phone apps that support multiple wallets? What are my options?
nostr:note1ukeg6al8f63tw0sjh7yuj8cpmdse9z4ycy9mjjg0rj0tn4vhlhjq04cvu7
Shame is a powerful motivator.
Which wallet software do you use for him?
I did not know that. I’ll check that out.
I’ll check that out.
They have business custody, investment, and financial management products, as well as employee benefits and advisor services.
No, I have my own lightning wallet in phoenix, but I’m not sure how I’d set up a second wallet for him.
