what "risk of loss during a transaction"? does he not know the bech32 addresses have check sums?

yep, I had a cognitive dissonance for a sec, almost threw up

I retired at 35 in 2009

Was a typo, he was cypherpunk like Satoshi. Adam is building a FOSS finance infrastructure to compete with banks. I respect that a lot. More choice is always good. If Liquid starts KYC or AML etc, we can always spin up another Elements sidechain and opt out.

I don't. Knowledge is power for both sides. I take what VC projects offer to increase my own freedom and freedom of others.

Maybe, but Adam Back is the original cypherpunk behind proof of work. What they also do, is running free seminars for developers around the world:

And if you think they make too much money, take their code and run it yourself at swapmarket.online ! )))

ElementsProject is part of Blockstream afaik

Haha, I know! But that is the beauty of FOSS: you don't have to trust the devs to run their code!!

I don't work for Blockstream or "have bags of Liquid" to sell. I don't believe a link exists between Liquid and jpegs/runes/inscriptions. There are always crooks trying to rip off fools whichever way possible. I share your frustration with normies being distracted with shitcoins and scams, but that's life. I don't advocate that everyone uses Liquid, but I enjoy transaction obfuscation and atomic swaps it offers. Both Lightning and Liquid (or sidechains in general) were invented by Blockstream. They are smart guys I respect and enjoy learning from. Blockstream, Lightning Labs, ACINQ, Boltz etc, are not crooks, although they develop Bitcoin infrastructure for profit. Capitalism is what drives innovation, and you are free to use it or ignore. There is no conspiracy "to move everyone to Liquid" like you say, it is just a good tool for certain scenarios, and it is a form of Bitcoin, same as Lightning or Ark.

"Volatility is opportunity" has always been the Wall Street's motto

nothing! my nephew is a crypto dev and will get an automatic email with instructions. in fact, several heirs will each get a tailored last will this way.

Interesting topic! I think this relates to the EVM's Solidity smart contracts running out of gas, and Liquid Simplicity solving that problem with computation safety assurances. They use Coq as well, that's why I think there is a connection.

LNBIG has been running for 5 years or so, why only give a five day average? Five days of force closes at high mempool can wipe out years of revenues. So yeah, running a node is an expensive hobby. But a true bitcoiner should not seek yield on his stash. Yield is a fiat concept, because it is needed to treadmill constant debasement.

Jack says good things about Bitcoin, but runs a KYC wallet. So now he wants to compete with Saylor, another fiat maxi. Partnering with Tether makes total sense.

Same reason why gambling in casinos is dumb. The expected return is negative after bid-ask spread and fees. Only the exchanges and some market-making bots can be profitable in the long run (if the market-making fees are nil).

Because Umbrel, Start9 etc have Tor-only mode by default, and because ISPs don't forward ports. Hybrid nodes are the best: they can connect to anyone and have a fallback.

They are bacteria imprisoned in a cell. But they can move from one cell to another if needed. Pretty amazing stuff.

Joseph Goebbels On the “Big Lie” https://www.jewishvirtuallibrary.org/joseph-goebbels-on-the-quot-big-lie-quot

nah, I followed the missing people from your list, but my feed is still short and repetitive, showing the same few posts for three days in a row. no point opening.