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Thomas Paine
587b29e526e20a8c3cc8d2a9a135d0f9d0dab0ffd922370cffac651255315c97
BTC became a pop culture!

I don't wish for the collapse but I wish for the trend to sound banking. Bitcoin is still to complicated for the average person. BTC custody with local banks could drastically improve the situation and shift monetary incentives towards a hard asset.

Injecting liquidity becomes the new normal...your funds are safe (in numbers, not value).

Is it worth reading, or yet another 'justification' for proof-of-work?

IRS coming for BTC-/LN-users, who don't care about privacy (kyc). 😉

Now just imagine how high the inflation really is. (without manipulated basket)

It will 'print' itself out of existence. There are still some digits left to add until there's an overflow in their old COBOL systems 😃

There are multiple players in the fiat space and not all will benefit from CBDCs. I think there are strong incentives for small-/retail-banks to not support their adoption. Those smaller banks would better be off to become BTC- custodians and providers of lightning-nodes.

If non-central-banks want to continue to stay relevant, the need to enter the BTC ecosystem. CBDCs will kill banking as we known it.

We were told liquidity is not an issue this time (unlike 2088). Apparently it's back on the menu.

I think it's key to buildup a clean nokyc stack and from there on do disciplined utxo management. Make sure to never combine kyc'ed with nokyc'ed outputs. I absolutely love how sparrow wallet allows to label/document transactions and utxos. In the last release sparrow added an export/import for those labels.

Would be nice if you could reduce bandwidth by only connecting to certain relays, when using cellular network.

What a wonderful reason to strife for a better world. Congratulations

Replying to Avatar Phil

Like I said three days ago… https://t.co/Cx0cMUbcGm Socialized losses for the Swiss people. #SNB #Credit_Suisse #Bankcollapse

I believe there are many more losses being socialized..when there's less media attention.

It's remarkable, how the French people stand up for their opinions. People from some other European countries behave like cattle and accept every decision made by the political 'elite'.