May the Fourth be with you

Life is fragile Care for those you love Life is fleeting Live it to the fullest Life is beautiful Breathe it in and enjoy

Triffin Dilemma: The End Game BUT IF ONLY SOMEONE HAD TOLD US EARLIER! "ah .. excuse me" Robert Triffin, to US Congress, 1959

New: Brisbane BitDevs Evening of Sunday 27th April From 6:00pm to 9:00pm Keen for this 🤩

Meetup

Brisbane BitDevs, Sun, Apr 27, 2025, 6:00 PM | Meetup

**About Brisbane BitDevs**: For everybody interested in the development of Bitcoin and the technical, economic and philosophical implications of it...

eCash is Bitcoin’s Layer3 We use the analogies of layers from the physical realm to help frame the concepts of separation in software - coupling and cohesion and function There are lots of ways to then define such layer boundaries: - trust models - exit capabilities - dependence on “lower” layers Pointless getting sucked into ragewars on those definitions because the entire point of analogies is to assist understanding increasing complexity and separation of function eCash requires Layer2 ⚡️to achieve interoperability; it has different trust assumptions to ⚡️; it offers additional benefits Focus on functionality and trade-offs

Ownership IS control In the physical realm, that control is enforced by violence In the digital realm, it is solely enforced by knowledge Digital ownership is the first time we've had peaceful control

GM! Now is an excellent time to practice sending transactions, tidy up old wallets, open lightning channels and experiment Have a great week!

There are no solutions, only trade-offs .. .. and the best trade-offs are INFORMED trade-offs. If you don't understand the trade-offs you're making then it's a pretty good indicator you're not making an informed trade-off - do more digging! GN

888,888 -> 999,999 Dinner with fabulous friends last night as we watched the highly fortuitous block arrive 😋 25 months until the all-9’s block: - the last 6-digit block - the tick-over to block 1m - 50k blocks from the ‘28 halving Incredible time to be alive 🧡