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seha⚡️
e8c73171ccb039e66fb25af2061371a0fbd811a1d38d34e2ceef1132d93b97cf
wannabe shadowy coder

In other words, there are people behind these cryptocurrencies using a variety of complex and legally opaque mechanisms, but at the most basic level, they are trying to promote their tokens and entice investors. (Bitcoin, because of its unique history and creation story, is fundamentally different from other crypto projects in this respect.)

https://nymag.com/intelligencer/2023/02/gary-gensler-on-meeting-with-sbf-and-his-crypto-crackdown.html

“Everything other than bitcoin,” Gensler told me, “you can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth.”

if you lend your bitcoin to a lender of bitcoin who lends your bitcoin to other lenders until you all get rekt, who is at fault?

no timechain here to ensure the same global state for everyone and serve as its own clock

Relic from 2019 when I thought a decentralized twitter could be built on blockchains… until the numbers didn’t add up.

I keep it as a reminder of how naive I was and to be patient with shitcoiners.

Stay humble, zap sats.

the fight is pleasing too, but victory is what matters.

not here to be a punk or martyr when we have a real shot.

i started with an umbrel which only had LND at the time. i’m working on a CLN on bare metal but don’t trust it for funds yet with everything else im doing on the machine .. until i get offline signing to work with something like vls.tech

thanks. the CLN kids get all the cool toys. will look into this to see if workable with LND