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The entire issue in the link below!
https://weekly.bitcoinnews.com/p/the-positive-sum-power-of-bitcoin
BITCOIN STANDARD THEN NOT MANDIBLES
nostr:note14myfx06g2vz2esryvjt9ye9jqrtaxe82ky855fq806u5wk8av72shjc95w
apparently it's in Riga .. but no idea how to register
Nice!! ill get my ticket!
Itâs time for me to explore Nostr more deeply.
I think Iâm going to Baltic Honey Badger 2024, and now Iâd like to come to Nostriga too!
But I couldnât get to register or see the price!?
Anyone knows?
nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93
nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93 yo always have the alpha
Itâs time for me to explore Nostr more deeply.
I think Iâm going to Baltic Honey Badger 2024, and now Iâd like to come to Nostriga too!
But I couldnât get to register or see the price!?
Anyone knows?
Honestly I donât know.. a lot could be done by making batches transactions more efficient.. and exchanges not sending you only 1 utxo and so
From here on I think yes we get opportunities to settle at lower fees..
I just wonder, what if we get 10x the people into bitcoin? I know many will arrive through custodial ln apps.. but 10x the people likely means more than 10x the fees..
I assume 10x the people makes bitcoin more likely to be used even by the current holders which many never use it but just hold
Anyway I think we all should be testing our way by having FAT LN channels with Blixt wallet of Phoenix (no privacy but funds safe)
Better with Blixt for instance, you open a 1-2m channel to LSP.. you can swap out onchain and have liquidity.. :) for good!
Yeah someone told me it doesnât work.. no worries! Zap someone else instead â¤ď¸
I found it hard to understand initially but itâs sort of like this..
Imagine its 1000 sats\byte.. then at 1M sats the fees will be about 250k sats or 25%
So if in the future (10 years) we have a fee environment where the ordinal fee hype is a normality.. letâs say 500sats/vbyte⌠Bitcoin would be looking as just a settlement layer..
If you want the fees to be only 1% then your utxo should be around 12.5m sats
It doesnât necessarily need to be completely priced out.. but what if the fee would already represent 5 to 10% of the utxo?
There is a very cool table that displays sat/vbyte and how much % of a transaction of X amount of sats it represents
Friendly reminder that there is no fears of a âBitcoin Shutdownâ this or any coming weekend going forwardâŚ
Just saying.
My weekly summary of the most #bullish news in #Bitcoin
Week 36 of 2024
- Bitcoin is a bubble



