Mr. L's avatar
Mr. L
mrldotsh@getalby.com
npub1njse...2875
Mr. L's avatar
mrldotsh 2 years ago
#Bitcoin‘ers have bigger wrenches. image
Mr. L's avatar
mrldotsh 2 years ago
At these fee rates, CPU mining might become attractive again 😂
Mr. L's avatar
mrldotsh 2 years ago
What books are you currently reading? Need some inspiration 🙌
Mr. L's avatar
mrldotsh 2 years ago
Amazing how fast this space is growing 💜
Mr. L's avatar
mrldotsh 2 years ago
Use #Nostr for a DNS-like system? 🤔
Mr. L's avatar
mrldotsh 2 years ago
#Bitcoin for unstoppable money #Cashu for unstoppable anonymous transactions #nostr for unstoppable speech
Mr. L's avatar
mrldotsh 2 years ago
Cashu adds a high level of privacy to #Bitcoin. But it also requires trust. (Custodial LN does so too. So, nothing new.) It works much like the initial, gold backed central bank and cash system. Mint: you give gold/sats, receive paper/ecash Melt: you give paper/ecash, receive gold/sats Use: trade paper/ecash for goods and services Trust: - the bank/ecash mint to (1) return gold/sats for paper/ecash, (2) not expand the supply of paper/ecash - yourself: if you lose the paper/ecash tokens, it's gone (much like cash, but I think Cashu is working on a backup-restore process) Cashu mints could become the banks of the new world but with much better attributes: - easy to spin up - no accounts required (no KYC) - ecash tokens can be tied to #Bitcoin  - WIP: better transparency. It's code. There are projects trying to solve the "trust requirements" (I'm learning and thinking in the open. Please correct me if I got anything wrong.) #cashu #ecash
Mr. L's avatar
mrldotsh 2 years ago
Feedback wanted 👇🧡 I was trying to create some visuals that help one understand how inflating the monetary supply dilutes your fiat savings account. Any feedback or ideas on how to make this better is welcome! #Bitcoin
Mr. L's avatar
mrldotsh 2 years ago
„Everything is good for #Bitcoin“ Still true to this day.