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penglunds
4c90355803186305619422ec913623cb5232d1335a33495eff0dea252b987959
Sailor, filmmaker, open protocols.

Do I need one lightning wallet for every client I’m using w. #Nostr?

#asknostr #lightningwallet

TPB101 - Democrats Crypto “Reset” Incoming? with nostr:npub1hyqrsvl6hle8r5rc9cpshesm0mpcee75tgde4p5lhke5h83dyqqqdwk7cp is out now 🎧🎥

In this episode we discuss:

- Ro Khanna’s crypto roundtable

- liberal democracy and the common good

- social media, the future and more

Listen wherever you get your podcasts, and head to our website to learn more

https://progressivebitcoiner.com/tpb101-democrats-crypto-reset-incoming-with-mike-brock/

Great episode! Love the nuances!

Keep up the good content!!

“Free speech is a distraction. Free thought and will is what’s at stake”, from nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m earlier today.

I wrote this Medium article, inspired by those words. Feel free to share and spread! 🌏🌎🌍

https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-605e19e7df0a

#Bitcoin #Nostr #GrowNostr #Growstr #FreeThought #Article #SoundMoney #Inflation

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Hey Jack and everyone!—I was truly inspired by these words earlier today so I wrote this article on Medium, referencing your note. Let’s get Nostr to the people! Feel free to share! ✊🌎

https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-605e19e7df0a

Got it! So, an employer, at that point, would likely either run their own node or collaborate with another company that does, enabling them to pay a newcomer to the job market using a custodial Lightning wallet.

If the employee wanted to move their salary, they could freely transfer funds to other custodial Layer 2 wallets. However, they wouldn’t be able to take self-custody without settling on Layer 1.

Furthermore, a group of individuals who don’t trust any custodial options could theoretically crowdfund a Layer 1 fee and open their own Lightning node that they can use. Is that correct?

In the future, when Bitcoin layer 1 fees become too expensive for the average person and are only financially justifiable for large companies and banks, am I correct in my understanding that newcomers will still be able to open a wallet and receive and transfer funds directly on the Lightning Network (layer 2) without ever needing to settle or fund a layer 1 wallet?

That’s how it scales without necessarily involving counterparty risk, right?

#Bitcoin #LightningNetwork #BTC #Scaling #BitcoinScaling #Layer2

I did it like 10 minutes before I wrote the last comment — I think it just started working around that time!

Haha, I haven't thought about this until now! Look at NVDA haha!

Got a notification just now that you followed me! Did you do that right now or 5 minutes ago?

Working finally! Thanks for the assistance!

It’s working now!! 🤗 I added all the relays back on that was default in Iris. I’m not sure—but I may have too quick to go to a new page once clicking “follow” so that the client didn’t have time to confirm the request or something. Can that be it?