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.

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The Myth of Getting on Zero Fiat

Getting on zero fiat is a myth in a world where we all have fiat-denominated liabilities. Stay humble, stack sats, and match your assets to your li...

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.

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I Like Bitcoin, Buy My Fractionally-Reserved Bitcoin

In contrast to the failed history of free fractional reserve banking, as recently as the BlockFi, Celsius, and FTX failures, there is a growing eco...

“Everything other than bitcoin,” Gensler told me, “you can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth.”

“If anybody thinks internet native US dollars are going away, join #nostr and watch what is going on… this is growing far faster than #bitcoin itself.” - #[2] 🔥🔥🔥

#[0] just gave a shoutout to nostr + LN on live zoom covering recent events… prepare for the flood

Want to try something: I need someone to help me configure routing my VM IP to a baremetal on the same tailscale VPN to accesss the relay on metal with public IP + help me set up rsync snapshots to rsync.net for the metal 210,000 sat bounty hoping i’m competent enough to handle over a 60-minute zoom / meet with screen share will also have some questions about nginx rsync rinetd as we work through please reply or dm here