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bam
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@bamthemexican on bird app

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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

Nice!! ill get my ticket!

Replying to Avatar Derek Ross

zap zap zap

how do I register to nostriga?

It’s time for me to explore Nostr more deeply.

I think I’m going to Baltic Honey Badger 2024, and now I’d like to come to Nostriga too!

But I couldn’t get to register or see the price!?

Anyone knows?

nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93

It’s time for me to explore Nostr more deeply.

I think I’m going to Baltic Honey Badger 2024, and now I’d like to come to Nostriga too!

But I couldn’t get to register or see the price!?

Anyone knows?

Honestly I don’t 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 doesn’t work.. no worries! Zap someone else instead ❤️

Replying to Avatar bam

Found it!

I found it hard to understand initially but it’s 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.. let’s 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 doesn’t 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 “Bitcoin Shutdown” this or any coming weekend going forward…

Just saying.

My weekly summary of the most #bullish news in #Bitcoin

Week 36 of 2024

- Bitcoin is a bubble

https://t.co/kguHRwPFFg

So who is selling this on T-shirt’s? 👀