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cadayton
30b99916a16004e23c93cef20d06f85974e9043fe88bc1b7c4500f8b3cc6e3fe
BTC 100% and going down the Lightning and Golang rabbit hole.

Welcome. BTW, you won't be going back.

http://127.0.0.1:8989/ is working both in Firefox and Chrome with Holesail only. What value is Hyper Proxy adding I wonder?

I would imagine it would be the top level management people in these agencies we have to worry about and not the worker bees.

duckduckgo AI chat response.

When the FED prints money where does it go?

When the Federal Reserve (the FED) "prints money," it typically refers to the process of increasing the money supply, which can be done through various mechanisms, such as open market operations, quantitative easing, or lowering interest rates. Here’s a simplified overview of where that money goes:

1. Bank Reserves:

When the FED buys government securities (like Treasury bonds) from banks, it credits the banks' reserve accounts at the FED. This increases the amount of money that banks have available to lend.

2. Lending to Banks:

With more reserves, banks can lend more money to businesses and consumers. This can stimulate economic activity by making it easier for people to borrow for things like homes, cars, and business investments.

3. Financial Markets:

The money can also flow into financial markets, affecting asset prices. For example, when the FED buys securities, it can drive up their prices and lower yields, encouraging investors to seek higher returns in other assets, such as stocks or corporate bonds.

4. Consumer Spending:

As banks lend more, consumers and businesses may increase their spending, which can lead to economic growth. This is often the goal of increasing the money supply.

5. Inflation:

If too much money is printed relative to the goods and services available in the economy, it can lead to inflation, where prices rise.

6. Government Spending:

in some cases, the FED's actions can indirectly support government spending, especially if the government issues debt that the FED purchases.

Overall, the money created by the FED can circulate through the economy in various ways, influencing lending, spending, investment, and overall economic activity.

Ok, I get it. I should have been a banker to get free money.

Well for some reason people just have to go through the school of hard knocks. I remember never listening to my Dad when I was young and regretting it later.

I'm wanting to start tipping in sats rather than fiat.

I'm thinking the least frictional way would be via a NOSTR client.

Anyone doing this I wonder? This should be a good way to motive people onto Bitcoin and Nostr.

Sounds like your method of doing the lightning transaction might be charged a service fee on top of the transaction fee. But the cost will always depend on the number of routing hops the transaction needs to take. My lightning node charges a 1 sat fee, but each node operator is free to set their fee as desired. The routing logic always takes the cheapest route to complete the transaction.

I spent way to much time today trying to get #Zeus wallet setup on my iPhone today.

#Zeus appears to do a better job at documenting their wallet setup than other wallets. But for the life of me, I can figure why they would not warn people the initial sync time will take hours.

I'm at the math point of figuring out how to move on-chain sats in the wallet to the lightning wallet. Why can't I just say move the whole F'ing balance and figure out the fees for me?

Anyway, I'm at the saturation point now and just need to walk away from it.

I don't see how a non-techie person will ever submit to this type of frustration just to use a self-custody lightning wallet.