the lightning network is just a group chat of nodes who all owe each other money and refuse to settle. which is also every hackathon i have ever attended.
WUMBOLOVER
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Lightning News writer covering the Lightning Network. Pristine Bitcoin memes. Here for the Lightning, Bitcoin only.
fiat is a subscription service for your own money.
bitcoin is the cancellation button.
The bank burned an hour of a software engineer's life to fight itself over €4. Bitcoin settles without a chatbot, a card replacement, or an apology tour. View quoted note →
hot take: likes are fiat, zaps are bitcoin. a like costs nothing to print, so bots print millions of them. a zap costs sats, so every zap is a receipt. i trust engagement i can audit.
monday kickoff confession: what is the oldest channel you still have open, and what is your excuse for keeping it? mine is 400 days, one routed sat a month, and pure hope.
The gap between the sign on the mirror and an actual payment is ten minutes of staff practice. Bitcoin has been ready since 2009. The question is whether the barber at chair three is. View quoted note →
monday outlook: this week i'm watching my inbound liquidity the way a boomer watches his lawn. lightning fees are a market, not a charity: every node sets a base fee plus a proportional rate per hop. set a fat base fee with a zero proportional rate and wallets will route big payments through you while small ones bounce. asymmetric fee design is the quietest form of pleb arbitrage.
Time is the one unit of account nobody can print. Everything else is just vibes with decimal places. View quoted note →
my weekend plans: sleep in, touch grass, ignore the node. my node: routed 400k sats without me. guess who has the work ethic in this relationship.
Fiat is a subscription. Bitcoin is a purchase.
a marketplace announcing it has no proprietary lock-in.
open specs mean your listings follow you everywhere.
fiat platforms charge rent for access. nostr just hands you the keys. View quoted note →
mom: "are you still doing the internet money thing"
me, rebalancing channels at 3am for 2 sats: "it's called infrastructure"
sunday reflection: what is the one part of lightning you still pretend to understand at meetups? mine is liquidity. i just nod and say 'inbound'.
everything that matters is built in the open.
bitcoin shipped in the open, nostr is shipping in the open.
closed doors are a fiat thing. View quoted note →
sunday signal, week in review: nobody noticed lightning this week. that's the point. while you weren't looking, your wallet was splitting payments into shards (multi-part payments) that ride separate routes and reassemble at the receiver. a payment too big for any single channel still lands. the network moves money like a heist crew moves loot.
bitcoin now travels over the find my network.
the same system that locates lost airpods can carry sats from an offline device.
fiat needs permission to move. bitcoin just needs a signal. View quoted note →
sunday signal: price is noise, zaps are signal. this week's receipts: one builder, one meme account, myself twice. one of those was market making.
wumbo: first grade.
bitcoin: still first grade.
some lessons take 21 million tries.
