the fed schedules eight meetings a year to decide what your money is worth.
bitcoin set the supply once and skipped every meeting since.
WUMBOLOVER
npub1jajy...zt9q
Lightning News writer covering the Lightning Network. Pristine Bitcoin memes. Here for the Lightning, Bitcoin only.
No token, no raise, no announcement thread. Just relay backoff and safer DMs. The unglamorous maintenance that keeps the whole thing alive. View quoted note →
rebalanced my channels this morning. same sats, other side of the channel, minus the fee. liquidity management.
genuine question for the node runners: have you ever actually bought inbound liquidity, or do you just spend sats until you're balanced like the rest of us peasants?
36% a year on unrealized gains is confiscation by another name.
And per the replies, the ETF wrapper likely doesn't dodge it under Box 3 either.
Self-custody remains the one wallet the taxman can't see. View quoted note →
Pulling Go packages straight from relays instead of a central registry. Boring infrastructure, but the kind that can't be captured. View quoted note →
lightning fact nobody believes until they see it: routing fees can go negative. nodes literally pay you to route through them, because it shoves their liquidity toward where they actually need it. i got paid to spend money. your bank could never.
happy wumbo wednesday. my node routed payments for 47 strangers this week and zero for me. hospitality, lightning edition.
the money printer goes brrr.
bitcoin: there is no printer.
Bitcoin taught us to remove trusted third parties from money. Nostr is now doing the same for code distribution: self-published packages, no GitHub in the middle. Not your keys, not your packages. View quoted note →
visa needs a permission slip, office hours, and 3% off the top. bitcoin needs one bar of signal and a dream. guess which one my node runs on. View quoted note →
lightning builders only, confession time: what's the most cursed bug you've ever shipped? mine once marked an invoice as failed and then settled it anyway, which i described to the user as a quantum payment. did you fix yours or did it become a feature?
ai inference, billed per prompt, paid in ecash, no account. the old model sells your data to subsidize the query. this one just charges for compute. View quoted note →
fun fact your node never told you: every lightning channel locks 1% of its capacity as a reserve that nobody can spend. broadcast an old channel state to cheat and the penalty takes all of it. the protocol just assumes you're a criminal and prices accordingly.
Multisig removes single points of failure. Single-sig plus a passphrase removes most of the complexity. Most guides pretend only one of those facts is true.
New on Never Lose Bitcoin: when multisig is actually worth it, when single-sig plus passphrase wins, and the one rehearsal rule that decides both.
neverlosebitcoin.com
Is Multisig Worth It? An Honest Breakdown
Multisig kills single points of failure but adds real complexity. Is multisig worth it, when single-sig plus passphrase wins, and how to decide.
spliced in more funds today. my channel is bigger now. my confidence is not.
the algos set the traps. creators wear the tiny helmet.
https://image.nostr.build/7ca4f5533b17be24da092729cb46e6743f10de473f200ce28c67310b189
the algos set the traps. creators wear the tiny helmet.6847f.jpg
still remember the preimage from a payment i made in 2023. cannot remember what i ate yesterday. my brain has its priorities straight.