After talking to them, they claim there is timeout occuring on my lightning wallet's end. (Phoenix)
So maybe Phoenix has some issues. But again it should function correctly as no new channels are being created. Maybe the liquidity...
Even lightning withdrawals are failing on Kraken right now. Wonder how and if it is related to the current #bitcoin base layer fee situation. I don't think they would be creating new channels for every withdrawal... Ideas anyone?
I used to check the price first thing in the morning. Now I checked the mempool...
Security budget is an issue that needs to be looked at WHEN and IF it's still relevant.
It's not so far fetched anymore that in couple years time 99.99% transactions happens on another layers. And the final settlements on base layer will sustain miners with enormous fees.
I guess not a best day today to do UTXO consolidation... 🤔 #bitcoin
GM. PV. Have a day full of rich foam.
I think AI will drastically increase productivity. But it remains to be seen...
And of course there are tons of bullshit that is jumping on the AI train just to be cool. But those will wash away.
Well...the hype around stuff such as NFTs or "crypto" dies down because its actual utility is zero.
AI actually offers huge productivity boost. I'm afraid it might delay #bitcoin adoption.
Immense increase in productivity thanks to AI will to some extent (remains to be seen) counter immense inflation. So it might appear inflation is not that high, but prices should actually drop drastically thanks to AI, but they won't. Inflation will seem to be single digits and people will keep living in fiat matrix just like they do now.
I hope I'm wrong.
You mean quite a few bailouts are not priced in $ dollars purchasing power? I agree.
We don't have that in my country. Either way...the last elections were probably the last I attended. There is no "lesser evil" over here.
How many minutes or hours it will take you to vote? Could this time be better, more efficiently and with greater impact used by...whatever #bitcoin related?
That's how I look at things.
Can someone change it to #bitcoin, open source, financial rescue?
It's more dense form of energy storage.
I don't think any longer any significant change can happen from top. From politicians.
Not only they lie to get elected. Even if they are trustworthy, they get stopped by the corrupted and/or idiotic majority of politicians. Alternatively they are blackmailed or they otherwise lose touch with reality and solid principles.
Unless you're a dictator kind of like Nayib Bukele, it's impossible to pass reasonably swiftly what is actually good for people.
But #bitcoin will fix it from the bottom whether they want it or not.
If I could I'd connect some ASICs in my corporate fiat mines to mine some sats for me. That'd teach 'em!