What solves this is voting with your feet and move to a juristiction that don't have these idiotic laws.

Throug out history, it is proven that technology liberates peoples abillities.

A few examples:

Warfare: from swords and arrows to gunpowder operating weapons

Transportation: from horses to trains and cars.

Light: from candles and fires to electric lightbulbs.

Communication: from paper letters to now telecommunication.

Information: from a library to the internet.

And now it's the money's turn: from fiat money to #Bitcoin; the solution to have decentralised electronic cash. It started as the blockchain and now we have the 2nd layer: lightning network to scale it further for every day transactions.

There will be way more layers and sidechains, some with niche usecases, others widely adopted.

It is and will change the way the whole world uses money and ways to earn money. The result of that will be an excelleration of innovations in other sciences all because of desired money.

In the meantime, the old monetary system will implode, the bribing will be over and secrets will be revealed.

How to handle all this? Adapt! Adapt to changing structures just as You've adapted to using bitcoin. 😉

Keeping the tax livestock securely in the compounds of the ruling classes is a 3 phase process:

1. Indoctrinate the young through government 'education'.

2. Turn citizens against each other through the creation of dependent livestock. People on the payroll of the government will defend the existing hierarchy and thus attack those that point out the violence hypocrisy and immorality of human ownership.

3. Invent continual external threats so that the frightened life stock cling to the protection by their farmers (ruling class).

This is your reminder to enjoy life every day! 😉

https://youtu.be/t34F0PYIqCk

Wait until someone by accident send their ordinal away within a payment for something. 😄

Hi there, I'm going to try to explain:

1 If You manualy open a channel to soneone else, You peer your lightning node to that person first. After that You can open a channel with that person. By doing that, You're making an on chain transaction in order to get the sats within lightning. After confirmed on chain, You have now the amount of sats outbound liquidity to the other lightning node. The other lightning node has now inbound liquidity of that same amount from You. This means that You'll be able to transact via lightning to him or route a lightning payment via him further on lightning (assuming he has lightning channels setup to others too.)

2 Phoenix wallet is a self custodial wallet. However it takes care of all the lightning setup for You. So that means that instead of You setting up manualy lightning channels, it does it for You. It's an easier experience for non technical people to use.

3 One don't need sats on lightning to have inbound liquidity. The only requirement is that someone else opened a channel to his lightning node. In the case of using Phoenix wallet, he or she can receive it anyway.

4 This hypothetical scenario is not really clear to me, but I think that it would involve the breach remedy:

Breach Remedy: Since lightning transactions are a timestamped list of signed transactions where the split of funds varies, it is possible for one party to attempt to cheat (breach trust) by unilaterally closing a channel with an old transaction where they hold more funds. This results in a time-lock, and during this period, the aggrieved party can not only recover their own funds but swipe the entire capacity of the channel using a “Breach Remedy” transaction, as described in the Bitcoin Lightning Network white paper.

It's great that You're exploring #Bitcoin Lightning and ask questions.

I hope that I was able to give You some answers here.

Cheers! 👍

The growth of the State is always proportional to the preceding economic freedoms.

Economic freedoms create wealth and that wealth attracts more thieves and political parasites whose greed then destroys the economic freedoms.

Lol, and who is talking about it in Bitcoin Magazines Spaces atm: Udi. 🤦‍♂️

Heads 😉

#Freedom

This sounds fun, but I don't even have 10000 sats in my WoS. 😅

So, I do have to say: after something went wrong with a coinflip that I had started at #[0] , I did receive a fast and accurate refund after I had contacted them. Honesty exists on #Nostr as I've just witnessed. My compliments #[0] 👍

Everything was corrected by #[5] They've refunded me. Very fast and accurate service! Thanks!

I just sent a DM to You.

My payment:

lnbc1u1pjrd7s7sp5x02unshyq4fdjz8a95jqhm74vzardrvawlpj76vhlmq3uplgz0lspp5k8xnq6se7dyxwfy3vetl3fsrpcc3hgh8c2nx0gfaxw32x9p47ykqdpydehhxarjypnkzmt98gsrwvfkx4snxvtzv9jqxqyjw5qcqpjrzjqd0ylaqclj9424x9m8h2vcukcgnm6s56xfgu3j78zyqzhgs4hlpzvzuy55qqcucqqyqqqqqqqqqqqeqq9q9qyysgq4nw67mhaq30sa9sh55sseklsm4lw227zvfk2rsll94md2y6tkr53ydhvsgqxj609w98qn30q2qenk6vmt8j8kp6daprrzedu2j66apqph3vvnf

There it is:

#[3]

I don't know. I'm just telling what happened to me with this 2 days ago as a heads up.

Ik hope that You'll get a reply. Last time I did this, I paid, guessed and never got a reply. 🙃

When developers are releasing more NIP's,

I'll zap them to give them lightning tips! 😃