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Zach⚡️
b9360cd808b24ecbfd03575f3d637b1e62ca9fea415ac67b6c5b11ef15f28d06
Bitcoin pleb, economics enthusiast, and basketball fan. Fix the money fix the world 🧡🌎 Posting notes since 774763

Is there a simple way to limit witness data to 1MB like the rest of the transaction data is?

Cheers to being impossible to liquidate 🍻⚡️

It’s beautiful 😍 appreciate you both⚡️⚡️⚡️ sending some value as a thanks

There are still only around 17k lightning network nodes

Picture each of these being like a small private bank which cannot cheat it’s customers

Even a node with 10M sats in capacity will one day be a big deal

Starting a new book today

Only one chapter in, but so far has been great and could potentially become my orange pill book of choice (behind only the Bitcoin standard)

Great work! #[0]

Great artwork! ⚡️I forget where I stumbled across it but Alex Grey + Bitcoin = Beauty

Probably saw it on Twitter lol

Our founding fathers revolted over much less

The government takes so much money from me in each paycheck

I’ve got to find a Bitcoin only job in the near future

“Look how he abused me and beat me,

How he threw me down and robbed me.”

Live with such thoughts and you live in hate.

“Look how he abused me and beat me,

How he threw me down and robbed me.”

Abandon such thoughts, and live in love.

In this world

Hate never yet dispelled hate.

Only love dispels hate.

This is the law,

Ancient and inexhaustible.

You too shall pass away.

Knowing this, how can you quarrel?

- from the Dhammapada

My main argument against silver is - why would you want to own silver instead of gold?

Strange to me that we have an entire long history of gold being shown to be the best monetary metal and people still prefer other metals

I’d obviously prefer Bitcoin over both silver and gold

“Let’s quickly step back and take a big picture view of the world. Over the past 150 years, the global economy has transitioned from being a blossoming industrial economy with limited global trade and transactions generally settled physically with either banknotes or gold, to a globalized world with free flowing trade and information which is primarily settled in United States Dollars, a fiat currency. This has brought about great benefits in global trade, such as quicker and cheaper settlement across long distances, increased portability and divisibility of wealth, and an international network of payments for goods and services which anyone with an internet connection can participate in. However, it also has major drawbacks. The departure from settlement in sound, physical currency and towards government credit has led to a breakdown in trust and the ability for prices to be manipulated, typically upwards, as a result of monetary inflation. Those who do not meet the requirements to have a bank account which is denominated in United States Dollars are effectively barred from the global economy. The Cantillon effect causes nations furthest from Washington (typically in a political sense) to become disproportionately poor compared to their real productivity. The difference between the ‘haves’ and the ‘have nots’ is increasing and causing both political instability and societal diseases. To make a long story short - there is a fundamental problem with our money and finance which needs to be solved in order to create a better, more equitable world.”

- Intro to a conclusion for financial analysis on Block Inc.

Is my maximalist bias showing? ⚡️

Replying to Avatar pj

NFT’s?

Usually 2-3 weeks on average

Potentially less

It’s value isn’t completely secured by Bitcoin, but a lot of it is supplemented by lightning payments

In a loose sense of the definition of layers, yes

Incredible to see so much functionality being built on the back of Bitcoin and lightning

The network effect of nostr and lightning for Damos could be huge. Censorship resistant speech on top of censorship resistant sound money? Very exciting times!