“Per a report from DruckerChannel, HP has finally been forced to discontinue its cheaper e-series LaserJet printers due to customers experiencing problems with their online-only and always tied to HP+ subscription requirements. Among other things, HP+ requires a permanent Internet connection, and customers only use HP-original ink and toners, not allowing for third-party alternatives to be used at all. “

The High Court today handed down a Worldwide freezing order against Craig Wright, in the sum of £1.548m, to support the recovery of my legal fees.

I'm just wondering how a high court in London can order the seizure of a persons world wide funds?

Surely this isn't possible?

What if he had funds in Switzerland or Iran or Russia?

Can somebody explain the nuance of this please?

People are a bit confused about mica stablecoin regulation. While I think whole MiCA should be rejected as a whole, we have options.

The way I understand it is that Brussels does not like competition in money printing, so they disallowed stablecoins that are not EUR based and EUR based have to be printed in concert with Brussels-Frankfurt. But we are already printing both dollars and euros in the cyphersphere.

What this could mean in practice is ban on offering stablecoins on exchanges for European union customers and ban for businesses accepting these stablecoins.

Here comes a solution. People often confuse payment network and what is sent through the payment network. You can send USD or eur through visa payment network. You can send USDT through Ethereum, Liquid, ... The confusion is with Bitcoin, there is both Bitcoin payment network and Bitcoin as a unit.

I've long said that the best stablecoin is a short position on bitcoin coupled with the bitcoin. For an interesting trust minimized implementation, see DLC channels in @get10101.

So how does this relate to stablecoins? You can have a stabilized position denominated in USD, but still pay with lightning. Merchant does not have to accept stablecoin, if you want to spend stable value. This is between you and your wallet. You can send$100 over lightning - you go long (exiting the short position) and sent SATs worth $100. If the merchant wants to keep it in dollars, they can open a short, but that's the merchant's problem.

Fabulous interview: Eliminating The Income Tax Would Supercharge The US | Peter St. Onge

Fabulous interview: Eliminating The Income Tax Would Supercharge The US | Peter St. Onge