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UNLICENSED MONEY TRANSMITTER
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LN, coin-pools, mining, bitcoin itself as sovereign money, nuclear weapons

it's mexican standoffs all the way down

the only way civilization stabilizes is by introducing "we're all in this together" mechanisms. for better and for worse

the only way of scaling bitcoin is keep building on the fundamental dynamics of the Mexican standoff

every individual must have the ability to say "screw you guys, i'm going home"

covenants can expand on these dynamics, drivechains introduce completely different ones

French gov is paying money to destroy excess wine. the world has never been so abundant and stupid at the same time

https://www.yahoo.com/news/french-government-spend-216-million-042110241.html

bitcoin is the manhattan project of this generation. a race to create the technology that can bring to a balance of power between the individual and the collective, the same way nuclear power did between different collectives. civilization is all about stabilization

bitcoin scales through federated e-cash banks that offload accumulated savings into time-bounded coin pools

I'm using a mac os stickies note as a word processor. yeah, fuck you

blockchains don't scale, that's why we need to create a infinite number of them, right?

how do you explain a decade and a half barely surviving on ZIRP and now 5.25% and nothing 🤔

i can get the appeal of retiring early but nobody really wants to retire, people mostly want to reach some level of personal wealth that can make them comfortable about the future of them and their children

how is it different form the last 2 years commenting on macro?

is there already a way to embed nostr comments on your website? i'm too lazy to search

no one is deluding themselves that custodial LN wallets are a viable long term solution, but they are undeniably important in supporting the protocol iterate quickly and gain awarenesd.

mtgox, bitfinex, ftx were all parts in the growth of bitcoin while better solutions like multisig and hardware wallets matured and perfected

LN is growing to be a surprisingly robust and reliable part of the bitcoin stack and it'll find its perfect fit in the puzzle, adding its strengths and being supplemented for its weaknesses through other tradeoffs

don't let the perfect be the enemy of the good

don't fall for concern fud