You see, it’s like Ethereum 😉
Technically, stacker news has multiple cofounders, and a majority of stakeholders have to approve unilaterally and selectively shutting down accounts and balances.
Back on my bullshit 
Something exciting today. It's now possible to zap on the Fediverse! ⚡ ⚡ ⚡ You can zap users on Nostr! You can zap users on Mastodon/Pleroma/ActivityPub! Let the sats flow!!!
https://soapbox.pub/blog/mostr-zaps/
Check it out and get set up to send and receive MONEY across the Fediverse for your shitposts.
This works thanks to the Mostr Bridge + Zapple Pay, an amazing result of Apple banning zaps on Damus. Who would have thought?
Enjoy!
Who should I zap on the other side
I contest impossible user experience, have you tried phoenix or mutiny yet? Not perfect, but always improving and iterating towards something better
Make Alex Gleason a bitcoiner 2024 I’m here for this.
Increasing block size makes it more restrictive to run a full node and use bitcoin non-custodially. Lightning isn’t perfect but it does greatly increase transaction efficiency while keeping the ability for users to run nodes on the base layer
I enjoy the comparison between ecash and Ethereum as I think you’re mostly pointing to the ability of the Ethereum foundation to reverse transactions. I don’t think Ethereum folks would prefer the comparison tho. The difference is ecash is very purposefully built to give the creators total control of what backs it.
If you wanted to make this argument, you would want to make it clear that ecash is not Bitcoin, and any ability to convert to Bitcoin is based on the goodwill of the ecash creators.
Said differently, ecash tokens represent a deposit backed by the full faith and credit of… someone.
It’s apples and oranges. A miner/verifier does not have the ability to spend money on behalf of others. They add transactions to a block. They can’t redirect or steal funds
When was the last time you opted for a home made bank over a regulated one?
Custodial trust is the original why for banking licenses.
I am a fedi / fedimint fan, and do support the community use cases they discuss, but what is understated to a fault is the custodial nature of ecash.
A bank is a group of people that jointly control other people’s money. Federated ecash is a technical way to put together a group of people that jointly control other people’s money.
The idea of fully collateralized bitcoin banks is great, but fedimints do not do anything more to bring that future to light. They just simplify the process of giving your bitcoin to someone else and trusting them fully with it.
It’s a useful abstraction layer for people who want to spin up their own banks.
Not my division. Ion is for key rotation and updates, not data. Very different from putting all data on a blockchain. Not necessarily the primary direction for DIDs recently either.
You need to be online to receive a payment. A bunch of people are working on things like async payments and being notified via web hook to receive payments when you’re not online to receive them
Offline payments are a tough part of lightning, but solvable and being worked on now
You need to run your own node to use lightning self-custodially, but that complexity can be abstracted away. Wallets like Mutiny and Phoenix integrate a lightning node within the app (mutiny actually does it in a web app, which is really impressive). The result is the user getting the benefits of self-custody without the complexity
Damn Matt are you calling me old 😭
Ordinals pitch to a normal person “you see, so now that you can buy a bitcoin nft bitcoin is cool again”
You guys know everyone thinks crypto is max cringe right?
Ethereum has always been the best place for NFTs and that’s okay
