But what if you live long enough to suffer from your earlier poor diet and lack of exercise?
“Together, bitcoin and nostr are incredibly complementary freedom tech tools: censorship resistant, permissionless, robust, and interoperable - money and speech protected by code and incentives, not laws”
https://lnmarkets.substack.com/p/61-matt-odell-lnm-fam-and-lightning?utm_campaign=post
“Fedimints will not and should not replace fully sovereign tools, we need those to continue to be built out in parallel, but they could significantly improve the status quo of bitcoin adoption which has largely been custodial.”
https://lnmarkets.substack.com/p/61-matt-odell-lnm-fam-and-lightning?utm_campaign=post
“It can be incredibly fulfilling contributing to this mission, if we do not stand up and take the lead our children and their children may live in a much darker world - it is up to us to make sure that is not the case.”
https://lnmarkets.substack.com/p/61-matt-odell-lnm-fam-and-lightning?utm_campaign=post
This would’ve been funnier if his name was Ben LaZap…
“President Biden’s new communications director, Ben LaBolt, owns $50,000-$100,000 worth of bitcoin according to a regular disclosure filed.”
If #bitcoin fulfils its potential its impact will be as transformational, if not more, than the Internet. If so, this is a great time to be alive and witness what happens.
I especially like this bit:
“The goalposts of metrics are changing.
Vanity out. Value in.”
#[0] say the line! where does the yield come from?!
“…what if there was a way of renting inbound liquidity? A merchant could pay interest to rent liquidity from a node with money “sitting around”. It’s a win-win scenario: the merchant can bootstrap its node quickly and start accepting bitcoin over lightning as a payment method, and the seller can make his money work for him. This incentive structure gave birth to lightning’s liquidity marketplaces. A liquidity marketplace is an application that enables sellers to advertise their satoshis and buyers to rent the advertised liquidity.
In this case, the yield comes from the agreed-upon interest rate between the buyer and seller. When compared to routing payments, renting liquidity is a more passive activity, but it doesn’t come for free. Buyers are interested in renting inbound liquidity from reliable nodes that have a good reputation. If your node goes offline too often, it will be difficult to get anyone to rent inbound liquidity from you.”
https://voltage.cloud/blog/bitcoin-lightning-network/where-does-lightning-network-yield-come-from/
“…what if [*enter your preferred social media platform here] integrated a lightning wallet and made it, for example, 100 sats ($0.028) to send a tweet [or equivalent], with that payment going to *Twitter, and 1 sat ($0.00028) to like and 10 sats ($0.0028) to comment, with that payment going to the content creator? I think this would be awesome and would accomplish so many things.
First, it would largely solve the bot problem by attaching a cost to posting, liking, and commenting.
Second, it would allow content creators to share in the value they create for the network in a very granular and fair way. A post would only need to get ~5 comments and ~50 likes to breakeven, and the stakes are low with only a ~$0.028 up front cost to post. All users, including power users and highly visible, respected voices would get their fair share of value back from the network for contributing to the public discourse.”
“Think about Google having an option where you connect your lightning wallet and you pay 10 sats to run a search query but you don’t get served ads. Sounds nice, right?
But here’s the reality. Google would jump at the chance to pay you 10 sats to run that search query if you opted-in to being advertised to. And if Bing offered 100? Google would probably offer 200.”
“People are often very emotionally attached to their investments.”
“The fiat system has a way of holding us hostage in situations which pressure us to compromise our values. As a result, we find ourselves alienated from our true intentions and separated from authentic relationships. Bitcoin enables us to liberate ourselves from these discouraging moral concessions, if we wish to do so.”
“Any effort to fix a societal problem without fixing the money is like using a bucket to throw water out of a ship without addressing the hole causing the ship to sink.”
“The prospect of living in a world of abundance, voluntary behavior and geopolitical cooperation is becoming more achievable by the block.”
“I think, if the FDIC decides to insure all deposits, that will be enough to deter true bank runs, but it’s clear that the U.S. dollar is not as strong as it used to be. And that opens the door for a decentralized, global monetary unit like bitcoin to rise.”
But the free #bitcoin publicity is appreciated.
Suggestion: long hold the reply button and then click on “Reply acknowledged 🫡”
#[2]
“The line break is not just a vertical drop or a horizontal gap—it adds dimension. I think of Dickinson’s plunging down into other worlds. When you define and shift your own margins, changing your mind is no longer a disruption but a deepening.” nostr:note1tkjs70p6xektd7h4hcjc4eptu22ka8yljylv96ld8mj0s0hamu3q6k0acd