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Brix Jørgensen
abccd55cf37278aa1c8df47a87e49030d36ef07f8f4939e3fcc77c22f09c6a22
Tick-tock, next block

We could enable zaps by adding “signatures” to posts that include a LN invoice.

Perhaps Damus could include a signature feature, that is a text field, where users can enter an invoice.

It could also add a feature to parse posts for LN invoices, displaying them as an icon, like ⚡️.

lnbc1pj20dkgpp5xygtvq9yksp37vvax7aldy93ths095akd62e804lf883lajw87hsdqqcqpjsp5trg6x8k2lvtpxlffch60v44f3avfzvau5puad4ewnzjz9mn3v3ys9q7sqqqqqqqqqqqqqqqqqqqsqqqqqysgqmqz9gxqyjw5qrzjqwryaup9lh50kkranzgcdnn2fgvx390wgj5jd07rwr3vxeje0glcll72rgx3m7vdkvqqqqlgqqqqqeqqjqxms3k4r0gda2s3sl4rsanzgq7q68cca37zh8vc3h5ll9v320t4a9ylggt6qhnxhsttn0dr7lsf8uha9ku7l9udhgpzlmvsdqk8jglgsqad5lwt

Because FTX was always offshore. It’s BinanceUS that was sued.

“Franklin Templeton, one of the world’s largest asset managers with over $1.5 trillion in assets under management, plans to invest heavily in Bitcoin”

https://zycrypto.com/1-5-trillion-asset-manager-franklin-templeton-bets-big-on-bitcoin/

“Under Indonesian law, anyone who conducts transactions without using the Indonesian rupiah for payments or other financial obligations may face up to one year in prison and a fine of IDR 200 million (US$13,337)”

https://coconuts.co/bali/news/bali-police-arrests-car-rental-owner-for-accepting-crypto-payments/

Brilliant! Thank you 👊

LOL nostr:note1necrdv6su7gydwurgy9m29c6xe3ddvxw92hewcpr0dw99t3u2l6sjt722a

Someone needs to tell Finland about Bitcoin mining. nostr:note1vl4ynanp9lr3v52hkj8wx9f9hrd2znhg7n5p3t0cu4uqxx7mneqqwhualu

River Financial scores new $35M funding round.

According to Alex Leishman, the CEO of River, the new wave of Bitcoin interest is “largely driven by business and institutional adoption.” He added:

"It’s not fueled by hype. This year’s bank failures and bailouts have been a wake-up call, revealing the cracks of the traditional financial system and reminding us why Bitcoin is so important–it’s a secure path to a stronger and more transparent global economy."

https://cointelegraph.com/news/bitcoin-lightning-company-river-raises-35m-amid-new-wave-of-institutional-adoption

Yes. People are interested in storing their value in secure ways. That is one of Bitcoin’s main value propositions. What makes Bitcoin more secure than everything else is the cost to attack it is insurmountable, due to it’s high hash rate. As the hashrate increases, it’s vulnerability to attack decreases.

In addition to the security gained by high hashrate, the huge and growing investment in mining from entrepreneurs also shows the confidence and commitment to Bitcoin that people have. It is an indication of it’s network effect, it’s staying power. Another good reason to save in bitcoin.

I think the market demands more block space as the amount of mining increases because it is directly proportional to the level of security of the network.

More mining = more security = more demand for Bitcoin as a store of value

Also in your “opportunity cost” remark, it should include the fee rewards, which recently exceeded the block reward, and will likely do so again in the future.