Seeing more and more talk about cost of capital concerns on #Bitcoin lightning channels. I'm not sure cost of capital is the correct framing in the argument? Is this not first a safety / risk of loss and then networking, routing or connectedness concern rather than CoC. Once above is solved we can more accurately price the risk of lightning channel (and benefit of liquidity) vs. safety of cold storage.
Am I thinking about this incorrectly?
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I think you are thinking along exactly the right lines, just being a bit too pedantic about the terminology. there are risks and costs with ādeployingā bitcoin in this way that have no analogue in tradfi, but I firmly believe ācost of capitalā still applies. the proper understanding of CoC is something like āopportunity cost of alternative deploymentā - you clearly have to think about that here and the risk/reward tradeoff may be new, but the principles guiding the decision are the same at a high level.
Is Scotland a nice place to visit at the end November? nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt
ew no donāt do it.
This collection of essays is a treasure trove of perspective and insight. nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt and Sacha Meyers killed it. I recommend you read it. 
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okay so you havenāt seen it.
these people also donāt get it btw. you would know that if youād seen it, but by all means keep analyzing a film you literally know nothing about.
hehehe.
I havenāt seen Oppenheimer yet so itās not to say itās better necessarily. although once I do see it, that would be an even more annoying and hilarious take to have. Iāll keep it in mind.
lmfao. so you havenāt seen the movie. let me guess, you watched the Ben Shapiro review?
Iām kinda overfitting here but I would imagine thatās because itās (real) message got through to her, at least a little.
okay but have you actually seen Barbie? Iām not joking, itās very, very good.
no Iām deadly serious. Iād give very good odds the person you heard the conflicting view from is an idiot who is so wedded to monotone culture war ranting that the satire went completely over their head.
if you think thatās an accurate assessment you are either an idiot or you have believed an idiot.
then go watch barbie! (if youāre smart)
to be clearer, politics shouldnāt have anything to do with appreciating how good a film it is. intelligent conservatives and progressives will view it the same way. whatās hilarious is that stupid conservatives and stupid progressives have their own stupid takes that force political readings into something that is essentially a satire of *exactly* that kind of blunt and forced narrow-mindedness.
Oppenheimer is also on the list but mrs allen is pulling the strings, sadly.
trick question, I prefer deep fried snickers.
Lol meant to say stupid progressives and stupid conservatives but may have had a freudian slip š
which is a shame because the stupid conservative takes are even dumber and get it even less than the stupid progressive ones.
