I disagree with your projection. In the same way that saying if humans were all anarchists Government would disappear. That's just not how the thing we are talking about works.

I hear this a lot but it seems like first ordered thinking. Final settlement assets are not actually used in this fashion historically.

The primary layer is to settle quarterly and yearly major expenses. The way it is used today can't continue for the length of its adoption but the coupon currency layer solves this problem very easily.

Having your own UTXO is the equivalent of your entire stockpile of gold, let's say. In a single day, with not the flat "population of earth" but the economic actors of earth, the block space of an entire day would likely be very empty after the proliferation of Layer 2 tech.

I don't mean to bombard you with economic distillations of layered money but if I were a coder and not an absolute economic goblin, I would focus my energy in creating a robust Layer 2 coupon that was nearly as verifiable as the underlying asset itself. The normal economic actors (banks, likely once regulators stop holding them hostage) would act as lightning node runners or mints (in a more custodial world) becoming a bridge between vendors and customers using existing financial relationships. This is almost inevitable. Only if, the tech is robust enough for the Visa level throughput of 65,000 transactions per second. THAT is where Bitcoin succeeds or fails.

Maybe I am insane here but If I make one on-chain transaction to a nondeterministic address that I created on paper by hand (barring transcription errors) what exactly is the physical limitation of having that Bitcoin?

That's smart though. Borrowing fiat (immediate purchasing power) then paying back nominal amounts that have depreciated over time is literally the smartest thing you can do. You are essentially shorting the USD.

The biggest issue I have is attracting Government attention by giving them a yearly 1099-B. I was really hoping it would be technically possible to have Strike be the "Buyer/seller" incurring the tax that "isn't a big deal" because you would have avoided the REAL tax of inflation.

The point is most people when they get paid, pay every bill they can, then use anything left over to buy Bitcoin. Hold it for over a year using FiFo and never really incur tax like the 37% Cap gains this proposes.

To be clear I love what strike is doing and trying to do. I just think giving the Government 37% so that they don't inflate away your purchasing power is short sighted.

If I'm not mistaken the third connects directly to Core but from what I remember it had some IP revealing vulnerabilities. But, I am not certain. That's a question for sparrow or maybe nostr:nprofile1qqs9df4h2deu3aae83fmet5xmrlm4w5l9gdnsy3q2n7dklem7ezmwfcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq5xamn8ghj7dnvv45xs7tywde8g6rpvakkjuekw46nvar4vdhxgan6wumkxatzwpckk6rk0puhjdm2da5k7ce5x4kkkumjx3jkzepwdahxjmmwqyt8wumn8ghj7un9d3shjtnwdaehgu3wd9hxvmckqw0xz

Usually to use your node to have a self hosted full chain reference and indexer for external wallets. Outside of that you are running a node for charity. (or maybe certain lightning implementations)

Sheeesh you have a prebuilt or install on other Hardware? I hear there are some reasonable $150 mini-pcs that have plenty of storage and ram.

Dang, sucks to not run your own node.

I don't have either of those but why NOT those?

Who goes through the trouble of encryption then trusts a server they don't control?

Hey, I'm not your dad. I'm just letting you know it IS unhealthy to not chew for a while but, not like booting heroin. Just, you know, not optimal.

It's just guidance on a way to allow the vagus nerve, Leptin, and GLP-1 to do do their job. If you eat too fast you can overeat easily. It doesn't allow these peptides and hormone precusors to do their job. It's not the chewing but the saliva production that helps this process. The "chew for a minute" heuristic is just to allow enough saliva production to ease digestion of rougher and less bioavailable foods. Anyway, the human body is wild.

Not that I condone use of Ecash but if a token/coupon CAN be redeemed for an asset, it is a monetary layer. Layers are simply modes of liquidity that trade security for market velocity.

Layer1: Asset: most resistant to counterfiet, usually bearer locked, and subject to audit.

Layer2: Coupon/Token: more liquid, high transactability, a claim to an asset.

Layer3: Credit: instant, counterparty risk, can be issued with minimal asset veracity.

This is how money scales. If I locked up Bitcoin in a special wallet and literally handed out slips of paper as a claim to that bitcoin, that is a "Layer 2" coupon. It's probably not going to have wide adoption but, it is absolutely a valid claim to the Bitcoin.

I personally like the 3-knot rope symbol.

Yes, disregard my entire argumentation for the way government forms are organized. Correct. I can't find what I remembered in the 90's. The article however refers to prior to 97 the single question was two SEPARATE forms. Reread the article. Regardless the disaggregation of grouped identities provides clarity whereas the aggregation of "People who speak Spanish" does not. Pedantry is about improving clarity. Siding with the expert class about arbitrary distinctions is being annoying.

To be succinct my mistake was that in reading the separate forms 25 years ago the government MUST have been redundant when using ethnicity and race interchangeably because no sane person would delineate "Speaks Spanish" as it's own separate true/false ethnic purity test for clarity. I assumed they meant race because the other option is asinine.

It changed in 1997, which I said. The Spanish areEuropeanss and therefore Hispanic right? But I guess the Portuguese are not Hispanic? Yet still Europeans? How about Brazilians? Not Hispanic? The asininity is my point Hispanic is a term used by MOST PEOPLE to refer to Latinos which are those of mostly South American decent.

Hispanic was part of a gamut of different races included in the form previously. Liberal morons made an arbitrary distinction between Spanish speaking countries and peoples and race. This is not something I am wrong about. Just think logically, what distinction is a spoken language making in reference to "Ethnicity?" How many countries speak Russian or French who could not be more opposed to the cultures of both of those countries respectively. Not to mention the Hispanic moniker really having no ties to the culture of Spain. At best this distinction is very arbitrary and at worst is utterly confusing.

Ethnic variables rely on a multitude of factors and selecting a single one would be as ridiculous as saying The French and Vietnamese are the same ethnic group because they both eat baguettes. The sole factor of "Speaks Spanish" is just as arbitrary and silly.

Overall it stands to reason that the way most people use Hispanic, barring use as an arbitrary ethnic class, is shorthand for Natitive South American. Ask around, see what your fellow man thinks.

https://apnews.com/article/race-ethnicity-census-bureau-hispanics-0b2c325b683efd95e8e8e24235654abd

I didn't move the Goalposts, the government did and recently. Don't do this revisionist bullshit as if I wasn't alive before 1997. The language around this "Spanish speaking is an entire ethnicity" is a recent change. Either way I don't care about this. You can walk around with this Spanish is an identity bullshit and call Mexicans native Americans all you want. Have fun with that.

This is the same classification error that occurs when describing a tomato as a fruit. By this logic Latin origin individuals would be classified as native Americans. To everyone with average IQ, this is a misclassification of their race. Therefore the delineation between race and ethnicity is a difference without distinction. Most Latino individuals (I have spoken to) when trying to answer correctly on these forms mark other then Hispanic.

Either way this is beside the point to the original post which refers to Hispanics as a race because of course speaking Spanish ISN'T and ethnicity anyway. I speak Spanish but I would never classify myself as if my ethnicity had anything to do with a language I speak.

I understand that's how you are using it. Ever wonder how literally every government form and people all over use Hispanic to refer to a race? It's not that they are all using language incorrectly. Language is a map of meaning and what they mean is how I described above. You are a very bad pedant.