1 sat \ 0 replies \ @cliftonbride 3 May 2022 \ parent \ on: ZEBEDEE Bot for Discord - send and receive Bitcoin over Lightning Network by texting one-liner commands in your favorite servers bitcoin
You might like fig.io
Also I believe https://discopay.cc had slash commands first, could be wrong. There was a post on here a while ago shilling it.
I know it’s bullshit but at this point it’s kinda what we need. The mainstream is not going to be able to understand the nuances of PoW & miner incentives so it’s probably for the best to just make blanket statements like, “lightning offsets bitcoins energy footprint” fuck em.
Well I’m sorry you might be delusional then. Think on it more and I will as well. Thank you for your time.
Thank you for your response, John.
every Bitcoin transaction is an abstraction of unknown value
The only value that matters (as the block subsidy fades) as far as miners are concerned is transaction fees, which is why I’m not really worried about bitcoin in exchanges, etc.
You make an argument that bitcoin has always had stablecoins so it’s a non issue, but that totally neglects the dwindling block subsidy. Things that may not have seemed like a problem could very well become a problem when miners solely subsist off fees.
Lastly, I admit that i cannot decide how you use the blockchain.
People seem to think that bitcoin is immortal or “inevitable” and nothing they do can fuck it up.
Imagine tether on bitcoin/lightning is so wildly successful that the majority of usd settles on bitcoin. Do you really think bitcoin (as a censorship resistant money) survives that?
I think stablecoins on bitcoin are a terrible idea, and potentially an existential risk. If stablecoins become widely accepted the issuer has immense influence over forks. This is doubly so because the users of these stablecoins likely don’t value Bitcoin’s inherent use case ( censorship resistance) or they wouldn’t be using stablecoins. So that culminates in a bunch of people who don’t really care about bitcoin using it and paying mining fees to do so and the issuer of said stablecoin getting to point those users’ mining fees at whatever fork they want, causing a larger financial incentive to mine on their side of the fork. What are the problems with this argument?
I’m not making any claims about synonym or it’s stablecoin play, because idk how it works. I’m particularly taking about a stablecoin issued by a centralized entity.
I think custodial balances are totally fine and jumping through hoops to remove the custodial nature of it has a real cost to speed of feature development. Also what most projects do to be “non-custodial” is ask for your node’s admin macaroon which is FAR worse than keeping a tiny balance with the site.
If you do comment: DO NOT MENTION THE ENVIRONMENT AT ALL.
Change the dialog to focus on the humanitarian benefits bitcoin provides persons in unstable communities.
Property rights for those whose governments cannot protect. Etc
What are you gonna use the money for? I think you should start paying bounties for GitHub contribution.
IMO if you are responsible for creating a coin and you hire people who’s implicit or explicit goal is to make that coin worth more money the SEC should come after you.
Let’s focus on earth first. Not making needed changes because we’re worried about it not working on Mars is very dumb IMO.