most people think bitcoin is >20x more expensive than gold when it’s actually >10x cheaper…

Can someone ELI5 how fedimint federations will collectively manage a lightning node? How will channel opens/closes of that federation node work? Is it possible today for a a single node to be managed by a multisig?

it’s very difficult to help people who ask the wrong questions

hyperbitcoinization will not happen until ice cream so good zaps become a thing on nostr… i don’t make the rules 🤷🏻‍♂️

i have a ga pass to btc23 that i’d like to donate to an up and coming bitcoin or nostr adjacent dev. send githubs and a sentence on why you would like to go.

pv

is there a website that tracks fees on the lightning network for different scales, ideally over time but ok if point in time? average fixed and variable fee rates may suffice for me to infer

Be your own bank, but avoid runs on your bank. I discuss how #GetOnZero is a myth and situations where 6.15 BTC may be better for you than 8.15 BTC. https://seha.cc/the-myth-of-getting-on-zero-fiat/

Free fractional reserve banking has failed each time it was attempted, not necessarily because a truly free market doesn’t exist, but because the market has repeatedly rejected this product. Thanks to Saifedean for the comments and reading recommendations. https://seha.cc/i-like-bitcoin-buy-my-fractionally-reserved-bitcoin/

re:nip58, #[0]​, #[1]​, what event do you post for acceptances of badges? 30008 with all prior accepted badges + newly accepted badge? also, any thoughts on how an issuer may revoke a badge or acceptor may renounce a previously accepted badge? re: revocation, the telegram history seems to suggest issuing an anti-badge for revocation… re: renouncing, i’m thinking it would be a 30008 excluding the renounced badge… would appreciate your thoughts.