It will need to scale BIG TIME for it to be useful

Hmm maybe, maybe not.

Who funded these buildings in the past? Some were the state, some by wealthy folks. Let’s take the government out the equation as they’re broke. Why hasn’t say Elon Musk built a classically solid looking structure? It’s not due to debt or lack of capital. Quite the opposite, he could draw on huge pools of capital.

Blaming everything bad on fiat is easy enough but I’ve yet to find the argument compelling.

What is stopping any number of ultra wealthy folks building such a structure. It’s not as if building things like this stopped in 1971. The trend was already well set.

Skilled labour would be a factor, not too many stone masons about. What am I missing in this theory?

ALBY MOBILE WHEN? ;)

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What are some of your fav healthy snacks that don't have any grains?

Think about it like this.

If you believe bitcoin is going to 2 million.

That’s 32x away from where we are now.

So multiply everything you’re spending in the present by 32 to figure out the true cost of things.

That $20 lunch you had? That could have been a $640 dinner in the future.

The reasonable 30k car you bought? That’s a million dollar super car your future self could have driven.

The 100k downpayment you put on your home? That’s a 3.2 million dollar paid off home.

The 5k international vacation you took last year? That was a 160k baller trip you could have taken later.

Food for thought.

UMA is an open standard.

I also don't think this is the way. We build on open standards only 🫡🧑‍💻

Programmable money (ETH, etc) is hard to scale. So people build Layer 2s.

But these Layer 2s are barely decentralized. And now there’s a crop of L2s that are really just multisigs.

But wouldn’t a sufficiently large group of multisigs be somewhat decentralized? Like a digital Hawala network?

Especially for transactions (but not for smart contracts where money is locked up).

Nutsack 0.0.1 has been deployed

GN

And just like that, whole paradigms shift.

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Dawkins sucks

If I had to choose between custodial implementations, I would opt for fedimint or cashu over holding my sats in the WoS or exchanges.

I don't think Americans are ready for this debate yet. #handegg

Oh, hello.

All custodial lightning nodes/services/wallets/apps should offer a redirect service.

Let us use your great inbound liquidity and then batch forward to my non-custodial app wallet.

Does it make any sense?

Google Nexus and Google Pixel maxi checking in.

This comment is accurate.

I had issues with setting up Umbrel last week - long story - decided to try out Start9 - waiting for delivery.