Ahahahahahahahaha, this is what Darwin thought about when writing its essay on natural selection

That is the point. Moreover, they shill shitcoin-ing NFTs and that kind of stuff, which has an highly profitable secondary market.

Secondary markets of shitcoins are not priced-in in the Bitcoin protocol nor the Bitcoin protocol is built for defending itself from economical incentives that are *outside* of the protocol.

Quanto tempo perché i negozi che non hanno un nodo LN dovranno usare soluzioni custodial?

Good point about patience. Eventually things will stabilize and fees will be consistently high. What happens then?

100% we are early, agree! I'm worried to see some users priced out of their UTXOs and see wealth burned because of that. Not everyone is a 2012 class bitcoiner with big stacks

Fair enough, that's true indeed.

Still, my (maybe wrong) perception is that we are giving up to self-custodiality.

Bitcoin survives, true. But are we going to cheer while users are quietly and consistently priced-out of self-custodiality? Is this Bitcoin success?

I dunno, I'm just riffing

Yep, very resilient indeed. But there is no way to spend without being destroyed by fees. Is this success?

Even "macro" payment I would say :-)

Onchain fees are going mental

Yes, but how much really do you use real transactions within your family?

If the environment isvtrusted, just have a go with a credit-debit system based on relationships. If I've a debit with my uncle of 50 bucks, I'll pay it back the next dinner by paying also for him. You don't need real asset istant settlement in a relatioship-based credit system.

IF trust is not an option, then there is no point in using ecash, because you cannot trust that the mint will enforce the "21mln limit".

Sure, privacy is still a matter, but really is it significant to assume that Uncle Jim custody schemes will need to use strong privacy techniques? And is community custosy in the form of " uncle Jim custody" significant in the context of the broader bitcoin ecosystem?

Last point is particularly overlooked and is in fact the Achilles heel of ecash: if the mint becomes big enough, eventually regulators will find out. If the mint keeps its small size, then ecash is simple a little cryptographic game that creates a barter-like environment between lightnin nodes.

I love ecash as a privacy solution, don't get me wrong

Testnet is a shitshow now ahahaha ;-P

YES. Well done!!

Precious as fkn gold I suppose

Or digital gold, as thwy say ;-D

Yes, I did it at the beginning. I'm running 0.7. The seed does work in other wallets and has been generated in sparrow

Just messin' about testing with testnet coins and trying some functionalities of nostr:npub17tyke9lkgxd98ruyeul6wt3pj3s9uxzgp9hxu5tsenjmweue6sqq4y3mgl

Is it only me or the signing of PSBT on testnet seems to be "not implemented yet"?

I import the seed with QR, import the PSBT and it shows all the transaction breakdown, but then the poupup of "feature not implemented yet" comes up.

#Asknostr #seedsigner #bitcoin

I guess the reality check will be observing the consistence of these behaviours overtime

1000x more fun, agreed. Easy for us techyes...for avg Joe even the bank transfer is somehow gibberish

Just wait a bit, this is not a speedrun. Bitcoin is the most important protocol, project and Core is a critical software...just wait a few days/weeks before updating to the next version. My 2 cents

Hi nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp, how can we get in touch to get some testnet sats? Need them for educational purposes specifically.

I guess it's more difficult to have your transaction confirmed in testnet3 than in the mainnet Bitcoin protocol. Uh =)