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Bitcoin Lake/ Lago Bitcoin - Guatemala
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Pleb in Charge - Bitcoin Lake, Guatemala Twitter: @LakeBitcoin

We recommend the Bitcoin Beach wallet because of the map feature. But if you have a US based cell you can’t download. Otherwise wallet of Satoshi is fine

More on Fedimints and why I think federations are the way to global Bitcoin adoption but it will certainly result in a major clash with tricksters trying to derail those in the BTC/LN ecosystem trying to disrupt the banking system.

Note: We are a Beta site for Fedimint - no conflict of interest

- Traditional banking has existed for hundreds of years with fractional banks coming later and finally central banks.

- In this ecosystem of banking are a myriad of services that banks offer to attract and retain customers. In effect, Banks are custodies of our money and services.

- Only in smaller countries will there be a direct CBDC, the risk for a run on a central bank is too great for that to happen here in the US.

- JP Morgan, Chase, GS, Mellon, BOA WILL NOT GIVE UP THEIR REVENUE OR THEIR CUSTOMERS WITHOUT A FIGHT!

- They only have two choices: Develop their on LN solution or purchase, or acquire current LN start-ups out there. And make no mistake, all of these start ups have EXIT in mind, and that may come in the form of an acquisition - we should be prepared for this and not say they have sold themselves out

- It's highly likely that FEDI will have it's greatest impact at the community bank level/credit union arena first here in the US. Outside the US, especially in Guatemala, there are many small regional banks. There are co-ops which would be their target to "sell" their services to.

- LN wallets are great, but their needs to be more work on providing anciallary services within a community setting. The community setting, in this case, would be a bank's community of users.

- The BIGGEST issue with mass global adoption is custody. Despite what we think as maxis, the vast majority of people aren't going to self custody and a custodial wallet alone has too much risk. So I think the federated model is very appealing.

Agree

We use the #[3] but if for us the absolute fastest way to convince someone of the benefits of LN and BTC it's with the Wallet of Satoshi.

BBW is the long sword

WoS is the knife

I think when the rally comes, people are going to flock back to Bitcoin Twitter and say, "Where did everyone go?"

Last year we had plebs send sats for pizza for the kids at our school - so maybe we can zap sats to the pizza place we choose ??

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A pleb nostrich sending us all his zapped sats! Gracias