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24 sats \ 0 replies \ @ZezzebbulTheMysterious 31 Jul \ on: Could a Tether collapse destabilize the US Treasury market? econ
Hahaha no, the BIS is throwing shade on their existential threat. They claim 3x impact on exiting vs entering the stable markets. I say the crooked private ledger days are coming to a close, and the market demands radical transparency!
If you attempt to fight math, the math will always beat you.
2025 is the year we lost the anonymous internet in the west. Cannibalized by the “Post Covid Karenesque”, who foolishly call upon the 4 horsemen of the infopocalypse to control the masses.
Resist censorship through routing through friendlier exits. The internet was invented for this very reason.
Number of devs and number of nodes are bad metrics, they shows very little useful info, and hides risk. Obviously node count it trivially inflatable in cloud.
Consider the competence of the devs.
Knots, the bcash of 2025.
Enjoy the forks and fireworks.
Run core (Bitcoin and Lightning), be happy.
Sure, cypherpunks have been trying to do this forever. It’s an idea I’ve wanted to build all my life pre-Bitcoin.
When Satoshi mixed together an adjustable p2p-scaling POW with public key cryptography — we finally got it!
The building blocks were there, it just took some inspiration to mix it together.
I really can't wait until Bitcoin demonetizes real estate.
Housing is a simple thing, and with automation we will built it at scale, forever.
Housing for 0.01 BTC is not absurd this decade. Its just not rare enough relative to sats.
The malaise in the west is due to the flagging economy, as result of debasement for years, to pay for failure, wars and debt.
Bring on the sound money, its here, but some don't understand yet.
Oh no. Not only is it barely a claim on a treasury position, it can be frozen or confiscated unilaterally by the stablecoin issuer. It’s not self custody of anything!
I would recommend setting up a BTCPay server and handling Bitcoin and Lightning payments yourself, rather than someone else’s payment platform.
There are providers that can host this if you don’t want to run the server software yourself. Given this use case it’s always going to be best to run it all yourself, however.
SN, (the site, code and general pay-to-post/earn-by-post scheme) mechanism could work for NSFW content.
I would suggest it's better if it is done off domain, maybe in a parallel implementation. I'd also suggest not running from TX.
An AI suggested 'dirty stacks' as a name. You could probably make up a better one.
Absurd! Is this just another example of VC's with too much fiat? I just struggle to see the value in it. Yes, stablecoins are going to get real popular this year, but all i want to do is stack sacks.
In a few years will be look back, just like cycles before, at the magnitude of fiat burned seeking something, when buying the Bitcoin was always the better strategy?
Oh I do use Zeus. That’s my main mobile Interface. But it was never about me, it was onboarding folks that might not even know what a sat is.
The bar the beat is, can the au government seize the keys? Today, yes, they can take the keys and your sats. The au eo6102 scenario was my biggest concern, but it has not grown large enough, yet.
Anything is better than this. If they are able the maintain the same UX, and remain compliant with whatever regulations get raised, lets go.
Does the Spark protocol prevent eo6102 attacks by states against lightning wallet providers?
The wallet provider is not able to modify or push a malicious version -- assume phone vendors block any new malicious version on their marketplaces under this scenario.
Realistically, Satoshi predicted a cap of 1 BTC = $100,000,000. It’s in the units. 2.1 quadrillion 2009 dollars.
But we will go beyond this, however you and the world will have switched to Satoshi accounting by then.
0.1 will buy you multiple houses, 10M sat, compatible to having $10M 2025 dollars.