Cooperative close?

Cooperative close?

How many blocks have passed since channel close transaction?

Are all of your channels closed?

Same here. If its a new node, sometimes it can take a while before things 'just work'. Do you have inbound liquidity?

Sure, but when I combine or consolidate I will use/ burn those dust utxos into fees instead, sure it cost more but it’s spendable. goal is to get rid of the dust as part of miner fees. I still don’t buy this bullshit that one need to have 1mil size utxo or bigger now as a minimum total bullshit.

No bueno 😑

If you run Core Lightning, please post your Bolt 12 offer below. Want to do some payment tests.

No Phoenix offers please, they're currently incompatible.

For maximum privacy, yes. Just make sure you fund the new node with different UTXOs than the ones left over from the existing one.

You do you, but I don't think it would hurt nostr if you said stuff that you weren't absolutely positive was new.

Novelty is a bit overrated, anyway. Almost anything can be new _to someone_.

I tend to err on the side of not saying stuff if I'm not saying anything new 😅

The problem is, military power does scale.

So to the extent that this is true, some governments are likely to become and remain quite big, and thus we have the question: do we want them democratic or authoritarian? I’d pick democratic and with a division of powers (and limited by a constitution to protect bedrock liberties).

The problem is, military power does scale.

So to the extent that this is true, some governments are likely to become and remain quite big, and thus we have the question: do we want them democratic or authoritarian? I’d pick democratic and with a division of powers (and limited by a constitution to protect bedrock liberties).

Some people have grown cynical with democracy (and various types of representative government broadly, e.g. including constitutional democratic republics that enshrine certain rights to protect liberty against the masses), viewing this method as promoting short-term leadership with bad incentives.

I have a different take.

Prior to the printing press and then the telegraph and radio, running a democratic society over long distances wasn’t even feasible. The concept of having people democratically participate in their government relies on people being relatively connected information-wise so that they can use their access to information to know what’s happening and to then select between different options, which you couldn’t do across the entirety of a country before people were literate and election materials or other publications could be mass produced. In the pre-press age of handwritten books, making written documents was expensive, and so literacy was a niche skill.

So, that era was ruled by kings and queens, council oligopolies, and so forth. Representative government, to the extent that it existed, only applied to small city states where people could literally gather in a town square, or to “elites” in a capital. There was literally no way to run an election over very broad distances on a regular basis. The printing press helped change that, and then the telegraph, radio, and other tech further reinforced it.

But ironically, as I discuss in Broken Money, those technologies also started to break our money. The printing press and telegraph allowed the transaction layer (the movement of IOUs between individuals and entities) to grow exponentially more efficient both domestically and globally, while our settlement layer (gold) remained basically unchanged. This broadening gap between fast transactions and slow settlements was increasingly bridged with centralization and credit, and the gap eventually became so wide that every nation dropped the settlement layer of gold almost entirely, except as a reserve asset.

So the same technologies that enabled widespread representative government also enabled the proliferation of softer money. Prior to these technologies, broad democracy wasn’t possible. And after these technologies, sound money was too slow to keep up. Oof.

But over a long enough timeframe, our technology became good enough that we finally figured out how to do fast settlements as well. Bitcoin. People can send value to each other quickly over long distances, in ways that no central entity can prevent or reverse, and with a unit that no central entity can debase. The first sound money of the Information Age.

If Bitcoin is successful over the coming decades and becomes a much larger and less volatile money, than it is now, fully entrenched in society, then that would be the first era where technology is at such a state where broad democracy and fast sound money can coexist. Or put more universally, it will be the first era where information spreads quickly without breaking the money, and thus both fast information and good money could coexist.

I, for one, would be curious to see how that develops.

If you have any tip on set up and use please let me know