I overheard some random people talk about investing:
One of the guys said that he is disappointed that Bitcoin is not uncorrelated to stocks because if it was he would sell it for the S&P now.
What to make of this? đ§
#Bitcoin
Weâve wanted to add gifting in nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 for so long but the constraints to do it with the tools we had were insurmountable.
Cashu fixed it.
Still canât see cashu in my app. When will it be released?
Thats the moment when I will bully people into an extension block soft fork so more people can self custody and move funds to second layers đ
Nope, not enough people use bitcoin and we should do something about that!
If nostr:nprofile1qqsrf5h4ya83jk8u6t9jgc76h6kalz3plp9vusjpm2ygqgalqhxgp9gpz3mhxue69uhkummnw3ezummcw3ezuer9wcq3vamnwvaz7tmzd96xxmmfdejhytnnda3kjctv4pux5j really implements ecash I will switch from nostr:nprofile1qqs2nsd66pv44e5avmytw4ejy7k7fn8fq7rczrnaexcy8v2y484xjcspzfmhxue69uhk7enxvd5xz6tw9ec82cspzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gffgszh to Zeus đ«Ą
Actually I will probably keep nostr:nprofile1qqs2nsd66pv44e5avmytw4ejy7k7fn8fq7rczrnaexcy8v2y484xjcspzfmhxue69uhk7enxvd5xz6tw9ec82cspzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gffgszh, but I will get rid of something like nostr:npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw or nostr:nprofile1qqstu8vf099ljt09m4jvres0dgk8ps2q4wkfjvjp3lhrp3wxxllfg7gpzpmhxue69uhkutn0dvczummjvuhszythwden5te0d4hxctnkxpkzu6t09ulep7mt
If nostr:nprofile1qqsrf5h4ya83jk8u6t9jgc76h6kalz3plp9vusjpm2ygqgalqhxgp9gpz3mhxue69uhkummnw3ezummcw3ezuer9wcq3vamnwvaz7tmzd96xxmmfdejhytnnda3kjctv4pux5j really implements ecash I will switch from nostr:nprofile1qqs2nsd66pv44e5avmytw4ejy7k7fn8fq7rczrnaexcy8v2y484xjcspzfmhxue69uhk7enxvd5xz6tw9ec82cspzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gffgszh to Zeus đ«Ą
Have you reevaluated your stance on the block size limit?
It seems impossible to onboard billions of people to lightning and other second layers without an increase, am I wrong?
Well at least they choose a great color đ
Would love that future, but the additional hardware needed will come at a cost, so Iâm not convinced it will happen this way..
Beautifully said đ
I hope you are right.
Unfortunately Iâm still not convinced though. If bitcoin becomes the global reserve asset and money of choice for transactions I doubt a bunch of hobbyists will be enough to secure the network from nation state attacks.
You still didnât name an industry in wich low quantity producers beat scaled ones.
Also logically it doesnât make sense to me. Why would a producer with a few machines stay longer in business than the big ones?
Big players have much better access to capital and hardware.
Mining is a business and I see no reason why it shouldnât be made primarily by professionals.
Is this wishful thinking or can you name a few industries where small producers are more efficient than scaling ones?
What do you mean by âcommercialâ? Every business needs to make money and every miner has bills to pay..
If no one uses it to make transaction miner will go broke and the network becomes insecure.
Bitcoin canât be a store of values only.
I think we have to reevaluate the thesis..
If people donât even use layer one when itâs almost free, how can we expect them to use it when fees are high?
#Bitcoin





