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1 BTC will equal about $2M USD if it becomes the world currency 100%.

that's based on current wealth 🤑

lnbc150n1pjrafuepp5cgj3gzl48jcfs5zwn4uhhy0s854gfr66tv7gk2ysd86as3e85wgsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5l559l39x5qprqq0a8wkjx3wzu6lhp8kasnmnm353ppgv6c3466ds9qyyssqz7mj0pvk3nf2fy5rd372kwpa2gzzq5vstcyq6pv3umprjxezr858l889zcu62xpze0szfuw4as2rd94ycgh5492w7q2kel8eehjmcrqpp344t0

good night 😉

I have a $168 phone, with a $2 protector and so called speed tape, or leading edge tape, if you know what that is, for free from work as my screen protector.

seems to do the job, for BTC, sats and nostr...

😆😁😜

sounds good to me 😄

here is a short version:

the lightning network is basically a series of BTC wallets. each LN Node is a wallet that holds some btc. the operator opens a node and places BTC in it.

to send Satoshi, the lightning network notes down transaction between lightning nodes, and funds available in each node, and switches funds back and forth, without actually moving any funds.

only when the lightning node operator closes the node, the btc is finally balanced out and BTC is transferred back to the wallet of his liking.

this is how there are very low fees and it is lightning fast.

🙂 there is my five cents... 😸

lnbc1800n1pjyp05jpp54qnwcz0jlc0uk8dnhxf0whs4fqv2jf5f69gqh7979c99vtvlpqgsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jvmrjyra8jrjls6tma3wt5n3w60l7sc4p9dzls3gttgvp5mpyp8s9qyyssqc4uckmf3t5xxf8jrzwzgdgenm0wu8v0hhalm58fmgld8e54e9erj9580fl03n5yty5dvdj8mearrqmt6g7gzv3ccljkh5jqu6kjnr6sq2j3kvq

so if I run a lightning node, I put some BTC in it, and then let the network use it as funds for 1000ss of lightning trades.

sounds cool 😎 😺

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right?

lnbc110n1pjyq099pp5ms9z42er6k59cjxtnm8mq0j35lvy782ljwu64772q4ux0el8fepsdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5zw7smyxxul66hl0rtw2j50yfac3gfq9ly9aavtx2a0ns0wrf2tns9qyyssq2jwjkynmtgmg4freqyeqeezrhlrey3h0n5fm2jkufre28nhef8l8cxltjnfp3hngzwsy24g0s6vvhfdrftrf3p6gcsf6wd9mp4tslccptvnhw7

so the finite supply of Bitcoin is a problem.

lightning ⚡ 101

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I'm glad I stopped scrolling 😄..

101 pages. geeze 🙄

on the lightning network, if you send me 1000 sats, and I send you back 1010, you get 10 credit, that's all.

kind of like regular banks, except that the complete system is watching and verifying the transactions, so no fraud can happen.

sounds right 👍. actually a pretty good system.

BTC is like the gold reserve, a bit of BTC in each lightning node.

lnbc100n1pjr7w5cpp56nte2z8ajqh8zp4f73g9lu022xmg9jf57qdjkyzurvdd9shj320qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5j9z7kcddgwecfkg9xhy42ggpdjsp4vl5v6qezmnuc9slqajl0dws9qyyssqgdvct8gh7ccldnjgwqamvkxdrj348p2lwt4jr28qcya4mvvp5yfxgv6vlr3s0gdl6uxvmtgvqf2wusx87x2jlz9m0v0hhx52834tzpqp94usc6

if you are doing this, you put too many eggs in one basket.

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