Imagine the funding lock for 500 million. Or if the channel closes or gets swapped out.
I've seen videos of new bitcoiners who think LN is suitable for large amounts.
Why a wildcard ctv ? Why not seller takes all ? That incentivises buyer closing.
The world is in Anaphase and Bitcoin Nostr is still talking about op codes.
Cookie & GDPR privacy warnings have ruined browsing.
Perfect example of goverment trying to help.
Out of character: Cool idea. This is the sort of thing i had in mind when i first heard about smart contracts. Then Dao's,scams and Ethereum muddied the waters.
>Are you malicious or rational ?
Yes
I'd offer to send you two more plushies with a discount.
Let's say I make 50% in profit from each plush (https://chat.openai.com/share/5219bcf8-5997-4a28-80b0-3d73546cdfb9).
I'd make a 50% discount for next two pushes, for you.
From my perspective, then, you've bought 2 plushies at their original price (while really you got 3 with a discount). I sold 3 plushies for the price of 2 and still profited from the 1st one.
I refuse to close and the price is dumping. I assume you will close to prevent futher devaluation of your value by exchanging out to a stable coin.
I'd offer to send you two more plushies with a discount.
Let's say I make 50% in profit from each plush (https://chat.openai.com/share/5219bcf8-5997-4a28-80b0-3d73546cdfb9).
I'd make a 50% discount for next two pushes, for you.
From my perspective, then, you've bought 2 plushies at their original price (while really you got 3 with a discount). I sold 3 plushies for the price of 2 and still profited from the 1st one.
I choose not close because the price is pumping and i assume it will pressure you to cut your losses and buy new stock.
I'd offer to send you two more plushies with a discount.
Let's say I make 50% in profit from each plush (https://chat.openai.com/share/5219bcf8-5997-4a28-80b0-3d73546cdfb9).
I'd make a 50% discount for next two pushes, for you.
From my perspective, then, you've bought 2 plushies at their original price (while really you got 3 with a discount). I sold 3 plushies for the price of 2 and still profited from the 1st one.
Those two also "did not make" it and i no longer want anymore plushies or anything from you.
Bitcoin and Nostr is in for a rude awakening.
The Trouble: a Bitcoin business protocol for enemies who trust no one in the world
https://sbw.app/posts/trouble/
Thoughts?
Suggestions?
Let's role play this.
Oops, should have kept reading.
Would you like to role play test this ?
You have unicorn plush i want.
I send 2x value to address.
I receive the plush 1 month later, but lie.
What do you do.
But Adam Back says the future of bitcoin is to trust your friends with a multisig, timelock or vault op. What we really need is another trusted protocol from blockstream with legal counter party risk.
In the wake of the monero hack. Monero is considering breaking up their core team.
Bitcoin should do the same and decentralize core development by activating Bip300 as a last act.
Future development, (besides key security upgrades and maitenance) can be chosen by users on a layer two.
"...and then the money printers stopped. Their last noises echoed through empty marble lined halls, bouncing off skyscrapers and ski resorts built in deserts with artificial snow."
This anti-lightning rhetoric is illegal.
Twitter/X is like a blood bank in a spa.
BritishHodl said it bes, and his opinion seems sound. Wait for large legal institutions to start offering services like that. Not some fly by night operation.
I would add, if some trustless smart contract could do the same thing (As with drivechains and Bip300) i would do that.
As bitcoin becomes scarce, it is innevitable.