"What possible resources could Naboo need, just look at this lush planet! Wouldn't the trade federation want trade to continue?"

🤣😂🤣😂

I still think about these reviews from time to time.

"His father was the force? Maybe that's why they call it 'The Force' "

Hope you consolidated UTXOs when you had the chance. Mempool is starting to fill up again. Combination of more transactions and bad luck on the mining side. This is what makes #Bitcoin beautiful.

"A fool and his #Bitcoin are soon parted."

Bitcoin is the ultimate long term deferral of gratification. As frustrating as it can be to wait for price appreciation, it humbles you. You know you've got the winner, but do you have the discipline to hang on while others catch up?

You don't even have to look that far for evidence that backs this up. There's a reason bitcoiners are all over the political, spiritual, and personality landscape. Bitcoiners agree on Bitcoin. Everything else is a debate. Still have yet to meet another Bitcoin that I agree with EVERYTHING on. It's one of the things that makes Bitcoin great.

This is why "Dark" was my favorite newish show. While there are long pauses and things... You MUST pay attention to who is who. If you miss 10 minutes you're lost.

Alithos Anesti!

Happy Pascha!

He's in that zone where we realized we're too early. We're right but it's going to take time. Once you see it you can't unsee it. And to be honest, it's depressing when you preach it from the rooftops and no one takes you seriously.

Yes but you're not bitching about it. You're accepting consequences if it happens

My wife has a client that thought he could avoid taxes forever. He's upset that he's got a massive tax bill from making so much money.

I hate taxes... But I'm not doing anything that paints a target on my back like tax evasion. Gotta live in reality, not the utopia in your head.

This is the same reason Stefan Molyneux talks about peaceful parenting. He did an anti-circumcision video a decade ago. It's ALWAYS worth talking about again.

It's the podcast we deserve, but not what we need right now.

I just can't bring myself to invest in anything but #Bitcoin... Maybe I'm retarded and I'm making a horrible decision, but at least I'm in good company.

I actually disagree. The scary part to me is how a good majority of the population just "accepts" what it says. No fact checking. It's that old Sandra Bullock movie "The Net" 'I don't care what the computer says, that's not the truth.'

We watch Bitcoin go up and down $5-10K at a time. I really think about a stackhodler post about what happens when Bitcoin is going up and down your yearly paycheck in a day.

That will be a wild ride.

Agreed. While the Austrian economists are correct with our trajectory, they've been saying the same shit for 30 years+. Which means they underestimate how much the government can extend the life of crisis.

I will do my best to keep this relatively concise.

In a nut shell, you set up a channel with another node via on-chain transaction. So if you contact a partner and send 1M sats via on-chain, you have OUTBOUND liquidity. This means you can SEND up to 1M sats, but can't receive anything.

Alby hub let's you pay a lightning service provider so that they'll lock Bitcoin up. So an LSP will create the 1M sats on-chain transaction which gives you INBOUND liquidity. Meaning you can RECEIVE up to 1M sats but can't send anything.

So you're trying to balance inbound vs outbound. I need to be able to receive as well as send. It becomes a bit of a juggle at times. Nothing super crazy but it takes deliberate action and planning.

And because it's lightning, the LSP can unilaterally close your channel at anytime. So it may happen at a bad time when you were expecting to need liquidity.

On that same note though... You can use lightning in a way that mitigates the need to pay a LSP. So, you can open a big channel say, 3-10M sats, using your own Bitcoin. Then once the channel is open send half of it to another wallet like aqua or strike or Phoenix. Then you'll have a channel with half inbound and half outbound liquidity. But that depends on your comfort level.

I try to keep around 1M sats ready to send at any given time. That way it's not super terrible if it's lost. Gotta think about this as cash in your wallet. How much are you comfortable keeping on you?

The other downside with running alby, your node needs to be online at all times. If it doesn't have access to internet, you can't reach your funds until you turn it back on. Even Zeus is really only connected while you have the app open. That's why it has to sync every time you open it.

Tradeoffs.

I vote yes. But sometimes I go days without opening any social media 🤣😂

I don't use Bitcoin every day... Although the days I do are so much better.

If someone accepts Bitcoin I will 100% always use it though. So much better as a MoE.

A lot of people have responded about the WoS difference so I won't go there... But the reasoning behind Alby:

If you run your own node like a start9 server or umbrel... Alby hub let's you get more under the hood with channel management and take advantage of their partners for inbound liquidity. Zeus itself requires channel management as well.

With Alby hub you can link your hub to their servers just with an account. This gets you access to a LNURL username@getalby.com. This doesn't allow them access to your node, it's just for routing purposes only. You can also link it to your phone with Alby Go. Spend from your own node from anywhere.

So you can receive payments without needing to generate an invoice. I had access to old PCs at work which allowed me to build a start9 server for about $150. I really like their interface and I've not tried Umbrel.

You can use Zeus to get a LNURL as well, the only problem I found was setting up a channel earlier was much more difficult. I think it has gotten better now though.

Does internet count?