I think you answered your own question. Another way to formulate it would be: Why would #Bitcoin holders choose to lock their #BTC on the #lightning network as opposed to keep them in cold storage or wrap them on #EVM chains for yields? I haven’t looked into this in-depth but I suspect that the value proposition isn’t attractive enough.

#Twitter #X algos have become so bad that you can’t even understand why a given topic is trending based on the content shown for this topic. Most of the time it seems to show a bunch of randomly selected low quality tweets loosely related to the trending topic. #Nostr

They haven’t recognized their lies and they won’t stop lying… #CovidVaccine #Covid #Covid19 https://t.me/westcoast_intel/39088

Two trends that are underway and could lead to mandatory #KYC for #Bitcoin:

- Mandatory reporting of #crypto transactions by brokers

- Government overreach towards #OpenSource developers

The former could qualify self-custodian wallets as brokers, the latter could punish and scare off developers from non-compliance with those regulations.

Is this FUD?

#BTC #FOSS

https://bitcoinmagazine.com/markets/us-treasury-and-irs-propose-regulations-on-bitcoin-crypto-transactions-by-brokers

True, maybe this can be applied to coding as well?

« The man who does not code has no advantage over the man who cannot code. »

Now you need to make time for both!

The only conclusion I can draw after watching the cringe #Bidenomics whiteboard presentation is #BuyBitcoin. There must be a subliminal message hidden somewhere in there. #Bitcoin #BTC #Biden https://www.zerohedge.com/political/bidens-cringe-whiteboard-presentation-memed-oblivion

I think #OffGrid is apolitical speak for #IJustWantToBeLeftAlone

I’m pro #democracy because I think it is still the best system of governance we have to collectively make decisions as a society. That said, implementing strong democratic processes and maintaining their integrity is hard. There are really few countries that can claim to have a functioning democracy and many that have been functioning tend to increasingly disfunction over time mostly due rampant corruption. Counter-powers in a democracy are essential and many so-called democracies are seriously lacking in those. Also the media plays an essential role in democracies but those have been co-opted. I think there is still a lot of innovation to have in democratic governance and the next breakthrough will be supported by the digitalization of some democratic processes. Of course this has to be done the right way by maintaining the core principles of democratic processes including transparency and privacy. Also democracy can’t be reduce to the act of voting alone. Voting is a just a tool in the democratic toolset. The alternative to stronger democracies will be a global #technocracy. Pick your favorite!

About the new #CovidVaccine that he wants to fund, #Biden said: « Tentatively it is recommended, it would likely be recommended, everybody get it… whether they got before or not ». Good luck with that! #Covid #Covid19 https://www.zerohedge.com/political/biden-fund-new-covid-19-vaccine-everybody-whether-theyve-gotten-it-or-not

Is there a service to check which #relay is blacklisting a given npub? Same question for which npubs a given relay blacklists. #nostr #asknostr

I’d like to understand to what extent regulators could impose an ID verification checkpoint to all citizens of a nation in order to access the Internet. Wouldn’t such regulations absolutely put an end to online anonymity for the all citizens of this nation? Are there any nation already imposing such a dystopian system? Could these regulations be bypass? If so, by which mechanism? #Privacy #EU #DigitalID #GreatReset https://twitter.com/ReclaimTheNetHQ/status/1695860996869366008

You should use the #Monero hashtag so people can find you more easily. I just randomly found out that you have a #Nostr account.

Also the implications of this lawsuit go beyond #Bitcoin and #crypto, it also has the potential to create a precedent for all #FOSS developers by establishing a fiduciary duty towards FOSS users. For more context, here is the open letter to the #OpenSource software industry: https://fossdef.org/

This is insane…

Craig Wright aka Faketoshi is suing Bitcoin developers claiming it is their responsibility to provide Craig Wright with 110,000 #BTC #BCH and #XEC coins because his private keys were supposedly stolen by a hacker.

Consider donating to the legal defense fund at https://fossdef.org/donate/ to defeat Craig Wright and protect the integrity of #Bitcoin, #BitcoinCash and #eCash.

https://x.com/cainbcha/status/1695312235730805207

One prediction for the next bull run:

- Retail and institutional money will flood to #BTC

- #XMR will attract the smart money

#Crypto #Bitcoin #Monero

What obvious reasons though? Since the last bull run #Bitcoin and #Monero have perform about the same. #Ethereum and some other alts are still better performers than #BTC. I’m not saying this will still hold true for the next bull run but there are concrete data that can challenge the narrative that BTC will remain the best store of value moving forward. #XMR #ETH #Crypto

Good article but the privacy benefits of #Lightning are overstated. Here is a good article on the limitations of the LN to preserve users’ #privacy.

The conclusions are: « For the definitions for privacy used in this assessment, it’s possible to say that the Lighting Network is not very private as it is right now. Ultimately, the privacy you get from using the lighting network will depend on how you use it. »

#Monero doesn’t have bullet-proof privacy yet but it’s still much better than Lightning. I don’t think privacy was the original goal of lightning anyway. #Bitcoin

https://voltage.cloud/blog/lightning-network-faq/lightning-network-privacy-explainer/?amp

Does it mean that privacy assumptions strongly depend on how the LSP (in this case Voltage) handles those information (IP, utxo, pub key etc.)?

I have a question about non-custodial #lightning wallets such as #Breeze #Phoenix or #Mutiny.

Do the wallet providers know the routing of the transactions and if so, can they link it to an identifier (device ID, UTXO etc.)?

#Bitcoin #Privacy

#FreedomOfReach is on #Nostr! https://reclaimthenet.org/freedom-of-speech-requires-freedom-of-reach