Wells Fargo wallet inbound.
#Bitcoin #economics #plebs
https://bitcoinmagazine.com/business/sec-rescinds-sab-121-permitting-banks-to-custody-bitcoin
I’m thinking too many people have already forgotten the original ethos, or more purposefully, never knew it to begin with nor cared.
Does humanity even have the capacity to organize itself in any other means than the all mighty nation at this point?
Lack of independent thought and the ability to conceptualize life outside of simping for some politician, left or right, seems to be the norm these days.
It is what it is. The passenger seat of life is a comfortable place to sit and observe.
#Bitcoin #politics
I think this might be considered a breakout with force. 🤔
#Bitcoin #plebs
Part and parcel. The system allows it. Therefore it happens. 🤷♂️
In other news, Bitcoin remains the same.
ETHpoors are a joke.
#Bitcoin
Separation of money and State will drive humanity’s next level of evolution through the next centuries.
#Bitcoin #economics #Austrians
https://mises.org/mises-wire/achieving-peace-warmongers-world
I think Tik-Tok is trash. Hot trash at that. But this is a fat L on balance I believe. Nation states gonna do what nation states do, shit all over you.
Get some fucking Liberty with a capital L in your life and realize you should have nothing but lead for these Feds. ✌️
#SCOTUS #government #plebs #Bitcoin #Liberty
For every victory, there is a price to pay.
Nothing is free.
#Bitcoin
Honest question:
Is there anyone under the age to 60 that actually uses travel agents?
Seems very boomer exclusive to me.
#travel #Bitcoin #plebs
After hours of pouring over information pertaining to running a lightning node these are the things I have determined:
1. The basics of setting up and running a node to facilitate personal payments in a sovereign way is fairly straightforward.
2. It seems nigh impossible to run a profitable routing node, unless I am just really missing the big picture. Onchain fees and rebalancing fees just seems astronomically high given the paltry sums earned through routing.
3. More advance features to attempt to maximize profits are arcane and esoteric at best. This all seems very bleeding edge and there seems to be fairly little in the way of actual helpful material out there.
4. It seems the majority of nodes out there are just trash filler, and the network is essentially clustered around a few large nodes.
5. Rebalancing even using tools like rebalance-LND is quite possibly the most depressing experience ever.
6. Perhaps I should stick with my Alby Hub and leave the routing to the big boys.
If anyone can point me in the direction of some solid explainers on the points above it would be greatly appreciated.
#Bitcoin #Lightning #LightningNetwork #zaps
A department head a one three letter agency explained the budgetary process to me yesterday: someone shows up at their office and says, “We have 4 hours to spend x amount of dollars! Gather up your wish lists!”
Bankrupt behavior at its finest.
#Bitcoin #Government #economics
All this repackaged trash ends the same way. Is 0.35% APR really worth losing it all? Admittedly, I’ve not done a deep dive, but on the surface it seems the same grift as always, just enshrined with different buzzwords.
#Bitcoin #DeFi # Thorchain
https://bitcoinmagazine.com/takes/why-you-should-redeem-your-bitcoin-from-thorchains-lending-service
Right on time.
#Bitcoin #economics #finance
https://mises.org/mises-wire/money-supply-growth-accelerates-and-hits-27-month-high
Yeah, it’s pretty wild when you are finally able to draw the connection. A could medium of exchange literally permeates every aspect of society, as almost every aspect of societal life involves some degree of exchange.
That also retains ownership of said funds. I guess ultimately I’m seeking yield, and this seems the only current legitimate way to do so that also benefits the overall growth of the network.
I guess I’m trying to take the long view here. My thought is this: if my overall thesis on Bitcoin and where it ultimately ends up is even remotely correct, then owning and running a well funded and connected Lightning Node that generates a modest 1-2% ROI could be tremendously profitable and powerful in a future world. I’ve got idle funds, just seems like a future oriented way of engaging that capital is a useful way.
A honest question for those deeply involved with the Lightning Network:
I’ve in the past few months been building and engaging more capital in my Lightning node, starting slow and essentially trying to learn the ins and outs before committing more to the process. I feel I have a pretty solid grasp now of the essentials at this point, have a little liquidity and channels open, and am now looking at deploying a significant amount of capital.
My question is this: What should I look for in terms of risk assessment for my funds deployed? I’ve researched at least some of the basics, I’m mostly concerned with what kind of attack vectors could cause a permanent loss of funds?
Thank you kindly in advance fine folks.
#Bitcoin #Lightning #LightningNetwork
#zaps