When does all the underwater treasuries banks are holding come to roost? The fed blessing every underwater treasury at full value can't actually work as a solution, can it? They can't liquidate those treasuries, so they're stuck with them for the lifetime of the bond (unless rates drop dramatically). As commercial real estate loans go bad, those illiquid treasuries can't be used to meet obligations. How many banks are zombie banks (functionally insolvent but still taking deposits)?
The coolest vending machine in Canada now wants your sats https://video.nostr.build/a45778f981fc3215f6993eb2b7614490ef5aab3986d3867cbcb8377f7dea83d6.mp4
What interface did they (or you) use for communicating to the MDB? Any links to project?
Bootstrapping a FOSS company for cheap open firmware controllers for MDB systems and looking for collaborators.
Truth is an irresistible force. Satoshi fixed the world by holding a mirror to the ugly reality of our financial system. Hopeful for the future and looking forward to the truthful, incentivized systems each of you will build.
Remember folks: if there is yield, you are the yield. Please tread very carefully with AQUA wallet. 
Goldman's next big short is the USD
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx has Unchained Capital served "ledn dot io" with a cease and desist order? They seem to be affinity scamming hard. Unchained Capital is mentioned directly several times as well as statements about the (un)availability of Unchained Capital products and services.
I worry that ALLCAPSing every post makes it hard to judge the severity of the matter at hand. Could you add a severity (X/10) rating to your notes?
Step up your profile with a banner or avatar from nostr:npub1p5ryszcvdca78jdp5ewhu67zpyfz042m7nrha6mqx7a8wakrqrkqre5ksj
Current return from a Whatsminer M63:
393.21 sats/kW•hr
In time, all electricity markets will converge on a cost of [expected mining return] + 1sats/kW•hr
Bitcoin miners will be the buyers of first resort. Production costs will be normalized across borders/continents/ideologies. #Bitcoin fixes everything.
I don't think it naive or wish you ill tidings. Your intentions are noble as you made clear in your post.
However, LN incentives are critical to network decentralization. I simply posit that if nodes operate primarily on incentives external to the network (e.g., "doing a good service", "connecting my business", "growing the lightning network", " spreading bitcoin adoption") then the network will be driven by those incentives and some you don't like (gatekeeping access to LN, excluding OFAC UTXO funded channels, excluding tor-only nodes).
I argue this is bad for decentralization which, I imagine, is the very goal of your endeavor. Please, charge fees, try to break even / make a profit, and then, operating lightning nodes will be incentivized to the larger community.
If we want to grow the network, promote growth through the internal incentives of the lightning network. Profitable adoption is sustainable. Subsidized adoption promotes external incentives the greatest of which will be exercising centralized control.
Prediction: Satoshi's btc spends in 2024, but not for the reason you think. Research on Satoshi's unspent holdings:
https://bitslog.com/2019/04/16/the-return-of-the-deniers-and-the-revenge-of-patoshi/
When the experienced capitalists enter the stage, we should be ready with incentivized self-funded systems. We're taking over the world. We need to harden our model or we will be crushed by the wave of inflowing capital. It won't be long before the cost of a forced close is worth more than a month's median wages in 80% of the world. Not charging fees will lead to lightning network centralization. Profit isn't evil; it is an indication that your economic model works.
We are pleased to meet you 🤝 Please allow us to introduce ourselves:
Hi, we are a free-routing lightning node, new on the lightning and nostr networks.
We are dedicated to serving and helping all the lightning and nostr communities with 100% free routing.
All the channels we open (or get opened to us) get set to ZERO fees:
Base fee: ZERO forever
Fee rate: ZERO forever
We would love to meet fellow nostriches and node operators and connect with all of you . Please contact us at any time even just to say hello.
We would also love if you would open a channel to us to increase our reach and our routing efficiency.
Together, we can all grow and make the lightning network (and bitcoin) more resilient to authoritarian control.
Free routing
Free expression
Freedom from controls
You can find more info about our node here:
https://amboss.space/node/02b4552a7a85274e4da01a7c71ca57407181752e8568b31d51f13c111a2941dce3
If you would like to open a channel to us (any capacity), our node's URI (tor) is:
02b4552a7a85274e4da01a7c71ca57407181752e8568b31d51f13c111a2941dce3@vs2d2o6c255eit5tdvm5km6gzcimzlgrt7s7xhibijk253pew76bpcad.onion:9735
Please help us help the community defeat all censorship and financial control.
#introductions #bitcoin #lightning #node #plebchain
Why free? Lightning nodes are not cost neutral. Force closes, channel open/close, rebalancing fees...
Why lose sats = good? Are you planning to grow channels at zero fees then raise once your more positioned as a routing node?
Sorry, should mention with a group, just make it a 2/n where n = number of group members.
Renewable conversation keys:
(2/3) Schnorr musig:: npub + schnorr(lastblock hash) + recipient npub
A little data heavy but you just encrypt each note with above key to everyone you intend to read note (follower/follows/group members/subscribers). Key renews on each block (for subscriber model).
Actually nostr:npub19uvs7azdrvts5nz9qty8tflqmhjh2ldrdq00pt7l29qr8u2qlhys4aptej and Primal are likely more able to monetize this model as they can provide normie payment rails to nostr naive communities. Also, a VC like Ten31 ( nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy ) might see this as separate entity with Primal a minority stakeholder.
Probably best to use contracted 3rd party relays, a community caching server (with filtering capabilities), and a community configured client. Key is to offload ultimate censorship responsibility to a disposable 3rd party in a friendly nation. Sales pitch is direct v4v monetization for the charismatic. Let anyone with a following be their own Musk/Trump/De Santis/etc. Truth social without the server overhead or government-expected censorship responsibility. Candidates can rile up their audience and monetize the fume. Social channels condense to groups/communities anyway - Twitter / reddit / threads communities without Paypal/Israeli/US intelligence as a counterparty. The nostr grows on the back end (on-the-sly growth). People get used to freedom money. Political elites find funding outside of fiat banking sphere.