Not a popular take probably but:

I believe Lightning will continue trending in the direction of higher fees, and I believe that's a good thing.

When it works properly, it's a payment network of spectacularly high quality. As fast or faster than a card payment, perfectly location neutral, no fraud risk and no TTP/censorship risk. Given this excellence, it can bear higher fees.

And its UX is *extremely* good, everything except 'make the payment' can be hidden; the only difficulty is the non-LN (onchain) part.

It needs high fees because when it's basically free, the DOS/jamming risk is huge, and people aren't incented to maintain the infrastructure needed. To be clear, channel jamming doesn't magically disappear with higher fees, but I think they might be a necessary *part* of the defence.

I do think L3s will emerge (or have) that will keep the ultra low or nearly free payments, with slight tradeoffs

Hey plebs, new profile pic or not?

1 or 2?

How will they come for our bitcoin when the great reset happens? While we may say, “I forgot my seed phrase.” Chain analysis will make it difficult to use.

Lol wtf my Waymo made a wrong turn and made me late?

It wanted to turn left but no one would let it into the left lane so it went around the block 🤦‍♂️

But ironically more energy capacity will be build where electricity is already cheap and plentiful. Where electricity is expensive and lacking eg Germany miners will never come and it will never get better.

Strange market dynamic 🤔

this was an exchange right, at least a highly active person with min 400 #bitcoin left

I’ve always been amazed that people go cashless, meaning they literally walk around and even travel without cash, and just rely on cards to pay.

Credit and debit cards are centralized and can be shut off or denied for all sorts of reasons, or can run into technical issues. BTC/LN is better because it’s decentralized, although it still needs power+internet and merchant acceptance. Cash as physical bearer asset money is great. Of course I wish cash was redeemable for something sound, but maybe in the future that’ll be the case again. In the meantime it’s good to have a few meals or taxis or hotel rooms worth of cash on hand.

I always have a diverse mix of digital and physical payment methods on hand, so I never get caught unable to pay.

So far in life I have only had one instance where I couldn’t pay. I was at a restaurant in Cairo a few years ago and their card machine/connection was down, and were only accepting cash. I had physical US dollars but they were part of a bigger corporate restaurant chain and so didn’t have the flexibility to accept them. My husband normally carries Egyptian currency but didn’t have any on him that day, and since he carried it, I previously did not. Neither did our friend that was with us. So we had to go on an awkward search for an ATM for a while and then come back and pay. And from that point I iterated, so I always carry Egyptian currency in Egypt as well as my other methods. And it has come in handy a bunch of times, when my husband needs some spare cash for tips or something I always have a little stockpile ready to go since I am a stickler about always having a certain amount whereas he is more flexible.

I always have a kind of “prepare for everything” type of mentality and like to be in control of my situation, and thus always have like backups for my backups in various contexts, including payment or being able to access various types of value anywhere, even when such preparation is not really needed.

What news sources do you all consider to be the most reliable?

Because I announced I was removing my blue check a month ago as a trial. I don’t want anyone to “discover” it and say/think I’m being duplicitous.

eat steak, lift weights, run far, hold bitcoins

good morning!

After experimenting on the other bird app for a month, I’ve decided to go back to the blue check.

The unpaid (“lurker”) experience is suboptimal, by (Elon’s) design.

Just letting you know. Some will feel compelled to send me hate… please do so now. 😂

If you ever want to call me out on my BS, here's some ammunition:

I LARP all the time about FOSS and freedom when IRL I'm a fiat job dev contractor-mercenary, writing closed source software for evil companies.

Between work, family (small baby), irl friends and sleep, I have absolutely no time and energy to pursue possible passion projects. So instead, I spend what I got shitposting on nostr.

#confessions #meaculpa

Since apparently “knowingly” failing to add KYC to an open cryptocurrency protocol is illegal now, this is my formal proposal - let’s add KYC to bitcoin and lightning! Since it only happens if everyone in an international group of people agrees to it, I look forward to all Americans “knowingly” supporting this proposal and everyone else laughing and ignoring it.

That’s very true, this strategy probably is a net negative for someone without a lot of followers. In that case I would just get them on Phoenix and give them a generous tip personally.

Ugh I want the new MacBook Pro but have absolutely zero justification for it 😅 tell me it sucks.

best not use iris finger dna unlocking methods.

as seen in movies chopping a dead man/woman's finger is far easy to unlock phone

Inputing passcodes seems somehow worse. Not only can someone easily sneak peek or record it, they can also analyze the dirt on the screen to figure out the areas that are more pressed.

(response on Twitter to someone endlessly playing the purity game over having a normie use @walletofsatoshi) 👇🏻

Interested to hear your thoughts or successes/failures in this regard:

"I have a process that has worked really well for onboarding people to holding their own keys, and its ~3 steps. The opening is the most important because 99% of people just don't care or are interested for all of 10 seconds and then forget about it the moment you leave.

The singular reason I have used @walletofsatoshi recently is because they have Lightning Address by default. It isn't even about lightning. If I just wanted to send them a $10 tip and be done with it, then we'd use @PhoenixWallet, which is where I shift them after they have a meaningful amount & want to know what to do with it.

But that's not what I was trying to do, because that's not what *they* care about, it's what *I want them* to care about. Instead I go for something with easy lightning address (which Greenlight + @Breez_Tech might fix in the coming weeks completely non-custodially), so that people on social can tip them. Then they spend the next 2 days seeing tons of zaps flood into their wallet.

The simple fact is, it's exciting. It's interesting. It catches their attention repeatedly over the period of a few days. It keeps them engaged for longer. *Then* it becomes possible to make them care about what it is, and why they should think about it differently.

I think it's me being completely self-centered & have found it completely unsuccessful to boot, to think I can force someone to come at something with *my* perspective or to demand that they care about it the way that *I* do, instead of realizing what is relevant to them and starting from there.

I've been doing this for 12 years. If all you want to do is posture on socials that you are "more pure" or whatever, then go ahead and I hope you get something out of it. But if you want to actually succeed at changing peoples' minds, I'm happy to talk about what has or hasn't worked for me and maybe we can learn something from each other.

No hard feelings. Just trying to get us closer to a #Bitcoin future where everyone can be sovereign and more importantly, understands why they should care about it. You do it your way. I know what has worked for me and I'm always open to suggestions if you have any good ones."