I haven’t been endlessly frustrated to this extent since COVID mania. It’s the same sheep that refuse to wake up and realize that the government is the criminal. I am glad I have my faith in God, and I know he is in control, but man are these dark times.

I don't listen to Bitcoin-only economists anymore because they are incapable of predicting short- and mid-term changes and in the long run we are all dead.

Open source algorithms are good enough.

It's the same "problem" Wikifreedia has.

💡 Onboarding idea:

Instead of explaining Nostr, Relays, Keys etc in your app (like you're some central authority of Truth)

Why not just link to a curated #WhatisNostr feed where actual users explain what Nostr is to them?

Hot take of the day:

If you wear a sandal with white socks…

Straight to jail

🌶️🌶️🌶️🌶️

#memestr #hottake #spicy nostr:note1xcjpyseucdrqwfhd4zmmz2dcwrvgsjlrf4wfmnxtdzzhudjjg46qrg6yvr

Mental model: an ecash mint with the purpose of processing payments for a specific service is an alternative to an accounting system.

The flow:

- user tops up balance (e.g. via Lightning)

- service provider (SP) issues ecash to user

- user pays ecash to SP for use of service

Imagine running an entire blockchain for a single application, a website, social network, VPN provider. That would enable interesting use cases but would be a huge waste of resources. With ecash, you can build these systems without blockchains. Lightweight, fast, and cheap.

That is why I'm advocating for businesses to explore these use cases as I see great potential in them, especially in the Bitcoin space. Not only does it guarantee privacy, but it's also easier and safer to build than to have user accounts, passwords, balances, transactions, etc.

Closed ecash systems also do not run into risk of being regulated as money transmission services for the same reason you don't have this issue when you use a BTCPayServer for selling a VPN, for example.

It's only the service provider who gets paid for its service.

I'll be focussing on these use cases as we're developing the Cashu protocol, which allows you to use ecash with Bitcoin.

The internet is as bad as it is partially because payments are so bad. Payments forced us to think in accounts and accounts forced us to be traceable.

Hey did you know most relays don’t support the nip-50 search which means that search isn’t working well on Nostr? We need to make search better and perhaps help users make sure they’re connected to at least some search supported relays. Otherwise nostr feels broken and empty.

I think this is because strfry is so good at most relay tasks it has come to dominate, but it doesn’t do search. That’s not what it’s optimized for.

nostr:note1v3spfcprp9zhcs23mq8r0ylkug6e6uuvgrtdn3tsa8uprafg766qhjnlrg

I don't get the point? What's the goal with phoenixd? 🤔

it's pretty lame... i really wish my bank let me zap in, that would be really helpful... but i can kinda understand... outbound liquidity is easier to do, inbound ... well, isn't there a field in an invoice to add an identifier so one inbound channel can serve multiple customers?

i mean, i am glad i finally have a bitcoin banker that isn't a shady cunt like wirex, but i don't understand why they don't have inbound (xapo bank i mean)

Where do you read these reviews? I've used it for many years by now and never had any problems with it. I'd be surprised if you find anyone that accepts ecash atm.

sorry for "half-answering" your question but Njalla accepts on-chain tx for domains, servers, vpn, etc. Founded by Peter Sunde, the founder of The Pirate Bay. It does not yet have lightning support yet though.

I was kind of considering something like this because I just switched to a new web hosting tool that allows me to make calls to Namecheaps API for domain reselling.

Holy hashrate 👀

No, but namecheap accepts on-chain bitcoin. If you pay for 10 years, it's worth the fees.

can confirm, you can pay on chain bitcoin for namecheap, i don't remember that it had LN enabled tho... my previous romanian VPS provider had btcpayserver also but they had LN

so nice to have lightning vendors instead of fiat vendors. makes everything way easier invoice and accounting wise. Channels are a natural way to establish economic links to vendors. starting to use it for payroll as well. you can run your entire business out of your lightning node. I wonder how many other bitcoin businesses are doing this 🤔

lightning is the communications layer for the bitcoin economy

Bruh. PAIIIIIINNNNN

I HATE THESE PEOPLE