Coffee drinkers… French Press or Drip Coffee? 🤔☕️☕️ #coffee #MorningFix #CupOfJoe I’m thinking if switching… #coffeechain #nostr #bitcoin #grownostr

Let’s be clear, if no one steps up and decides to run LSPs because everyone is worried about regulatory concerns, every bitcoin L2 system is toast - every one that has a reasonable security model relies on some kind of centralized or federated party that has similar concerns, even if they can’t seize funds.

Without any L2 systems everyone using bitcoin will simply use custodial platforms because that’s the only way to get reasonable fees and payment latency.

And don’t go yelling at ACINQ for deciding not to operate Phoenix in the US, the software required to run an LSP is open source, with only relatively minimal liquidity allocation logic required to get started. We need new entrants, and that means new companies who think the risk is manageable (I’m confident it is, but I can’t fault anyone for not wanting to take that risk).

If you see someone suggesting ACINQ should just keep running, the correct response is “well why aren’t you running an LSP”.

Anyone else spending hours listening to elevator music?

Life hack: if someone can’t spell properly, don’t waste your time arguing with them on the internet.

Anyway, good morning.

If there's coffee leftover in my house that means that I have a squatter that's about to have a very bad day.

#teagang

Latte art fail 😁 GM #nostr ☀️

#coffeechain

The answer to fiat theft is not “well it’s not so bad. If you work super hard you can make it like my plumber friend”. The answer is to stop getting your time and money stolen by the system. Work ethic is not the root cause of the problem

Something came up, so she postponed till tuesday. We'll see. She has an old crypto wallet with Eth and Btc in it, but only one seed. Hope we can figure that out.

It’s not an incentive to save if it’s mandated by law and enforced with violence.

The cure for most people not wanting to save is a generation of people who didn’t save. That’s why everyone resents boomers - they are a generation who didn’t save and used debt to buy assets, but still get to take your money and cut themselves checks every month.

Luckily Bitcoin (sound money) presents a natural incentive to save which fixes this problem.

It’s objectively more difficult to sustain a family on one income than it was before.

We can face that reality straight and take responsibility for our futures while also pointing out the boomer generation kinda sucks and they created much of this mess

What about it is good in principle? Honest question.

Yeah absolutely, but there’s no denying that the climb has gotten tougher recently and many people won’t be able to make it.

Social security is the antithesis of taking responsibility for your own life

But your point is well taken - young people should never adopt an attitude of resentment or hopelessness

That's not persistent down the threads, I think. It's just the OPs that are filtered. Most clients have that.

You cannot "own" #Bitcoin in the traditional sense of owning stuff.

No matter what governments, courts, chain-anal people, or anyone else tells you, there is no way of proving that someone DOESN'T know a string of information such as a private key.

From this perspective, satoshis aren't ever transferred but rather reorganized on the timechain for communication purposes.

The twelve magic words do not belong to anyone. They're just twelve words.

What Bitcoin makes so blatantly obvious is that money was never anything but information.

A ban on "self-hosted wallets" is as absurd as a ban on using your brain.

Such a ban would have severe consequences.

It would deny you the right to keep a secret while granting the government the right to claim that you do, making everyone a criminal.

YOU would have to prove that you DON'T know something, which is impossible.

You would be guilty until proven innocent, which cannot be proven.

Any law trying to stop or restrict Bitcoin usage is nothing less than a crime against humanity.

IMHO, the Bitcoin community should do everything in its power to prevent such laws. Your ability to use a communications network shouldn't depend on where you were born.

Do your part and educate as many people as you can as often as possible.

Speech is never free but always costly. It's high time to separate speech and state!

A common expression I’ve heard from boomers is “I want the last check I write to bounce”.

Meaning I am not planning on leaving anything for anyone, I’m going to spend it all on me and my temporary desires.

Many individual boomers are good people, but as a whole they were a bad generation, perhaps one the worst to yet exist in American life.