Tusk is literally a EU globalist and was installed with USAID money, his party replaced the nationalists

Anything resembling right wing is their military build up, that's only so that the Suwalki Gap can become the next Donetsk

The usual suspects won't allow any changes to the status quo without a fight

The military won't F around with this one, I don't think they want the optics of just taking it, but will live with it if need be.

China blockades Taiwan as our Navy is blockading Panama? Long popcorn.

This is another argument FOR cards in the eye of the seller, people trapped without cash would have used the excuse to a pastry or whatever. Retailer wins again.

That's not an "all-in" cost though, as long as businesses still have expenses in dollars accepting fiat for goods and services will remain be cheaper than Lightning PLUS exchange spreads.

As a spender I also get that percentage back and then some, and bear 0 risk. There's a massive cult around airline shitcoins too that will never give that up. I've personally paid the 3% up-charge at superette because who wants to go to an ATM all the time?

I do think there is room for it in remnant cash business, where arbitrary banking issues exist, weed stores were a good example Mallers hit on in the earliest days... gun stores faced censorship issues too... these are again areas of hostility not unlike the internet. Empirically there's been no market validation outside areas of hostility.

This sounds great, use Bitcoin as a hedge against debasement to lower the interest expense, until nobody buys them in size...

So are buyers lined already up for this? and btcpolicy is just the front org to introduce it in a way that looks organic?

Or is this some tip-of-the-spear move to shift the Overton window?

Or worse, a strawman set-up for the purposes of failing publicly?

Every episode with a damn cliffhanger...

it's a shitcoin wallet so they never stood a chance

There's even more to be made in routing.

In this case they never had Lightning in the first place, they're just done pretending.

Romania, France... Poland next?

These people that lecture on the virtue of democracy and label every rival a dictator are peeling back the curtain and showing you that it's always been a giant hoax.

Lightning.Pub has been my effort to provide a sturdy base for more commercial use and start nudging things in that direction.

L402, while I don't agree with the semantics, is also directionally correct in identifying the need to monetize API's. Lightning Labs in general seems to be getting more commercially focused with their roadmap, which is important.

I don't care for the semantics of Greenlight either, but there's signal in the Breeze-Greenlight solution being commercially focused.

Phoenix wallets Phoenixd spin out is more capitulation to commercial architecture.

I've dunked on mobile nodes and their toy use-cases for a long time, and now the capitulation to that insight across the ecosystem is becoming apparent. There's not much notice yet, but these pivots are an important step, because now the real building can begin now that folks have figured out what NOT to build.

Exactly this, this is an area where Bitcoin and Lightning should excel as the friction of cross-border is really high in the legacy system. It ties into the overall money of the internet use-case.

Not just friction either, some countries populations are geo-fenced from payments altogether, which has been part of our thesis with Lightning.Video. Enabling global content creators is an asymmetric move against big platforms with permission-based or advertiser dictated programs.

Bingo, untold resources have already been wasted trying to force Bitcoin as a payments system in the meat space, that's not where its product market fit is because there's not a real problem there to be solved.

Even the Bitcoin Bar, Pubkey, still does most of its transactions with cash or CC. There are some usability issues with multiple bartenders using a single node (which the architecture Lightning.Pub and ShockWallet solve actually) but that doesn't change the fact that customers, even hardcore bitcoiners, have 0 reason to pay in Bitcoin except to virtue signal. Even I use my Discover card when I'm in town.

Paying attention to this wrong thing has left gaps in other areas though of course, its entirely our fault that micro-services and things susceptible to chargebacks on the internet are not using Bitcoin/Lightning. There's people catching on to the fact that Bitcoin should be the native currency of AI, but even simpler than that, things like VPS/VPN/Mail Relay and things like that in a hostile internet environment are prime candidates... its just that the tooling for this still sucks horribly as we've collectively built everything but what is needed.

Yea double wired sucks if anything takes down lines (or power in many cases) in the area... Starlink is great for that reason alone, and the back-up plan is only $10/mo which you still may be able to register for even if your area isn't eligible for full residential scale service

Perhaps a high gain 5G antenna you can put on the roof would make cellular at least serviceable for backup? If you can get a pole high enough for line of sight it could make a big difference... but that's probably going to cost just as much as Starlink equipment and cell towers are often impacted by power outages too.

Quite the opposite! You were ahead of the times, I wasn't.

Tether maximalism turned out to be 100% correct. Tether promoting US national security by monetizing its debt, while setting the stage for what the Commerce Secretary and Treasury are now doing, may go down as one of the most epic clandestine ops in history. Backdooring global Bitcoinization through dollar hegemony is such long-game shit it simply was not on the radar, my bad.

You're right again now too, I think.

Saylor's whole tip-of-the-spear bit couldn't be any more obvious if he held a conference at Fort Meade, and people simply aren't ready to let go of the underdog energy. Egos wrapped up in the Satoshi fantasy must continue to be nurtured as well so that things like S&P inclusion come in the context of "revolutionary potential" as you aptly put it, not just one spooks arbitrage on information asymmetry.

Virtue signaling is important work to keep both ordinary hipsters and America's enemies in the box until they have no choice but to dollarize (and thus bitcoinize). Given that, and since it would be trivial for him to do, it's a salient point you've raised.

God speed, Patriot. 🫡 🇺🇲

As globalist slop goes, this is one of the more overtly disgusting pieces from FT. Imagine reposting this slop with anything but disdain.

These people, that want everyone the government dole, only want that so they can use that program to launder money to themselves... and then when they get caught say they're above being fired, because, how dare you.

Literal demons.

That's right there's M-Disc tech in a lot of BD-R's afaik...

I haven't tested myself with camera, but perhaps the descriptor could fit in a QR code to be included with the instructions?

I just ninja edited... I see now this is focused on the secondary...

One of the things I've looked into re: USB type data is M-Disc, its not ubiquitous as it once was but still cheap enough for an inheritant to buy a drive if they need to to recover data from a DVD.

Gotchya, yea I just meant as an option to workaround the 15 months wait or if for example the USB key shits the bed.

I think the important doc to nail then would be to focus specifically on that secondary, then can layer in anything that needs to be coded.

EDIT: Now its coming together, this is focused on that secondary key... something about it initially made me think it was for both keys in the multisig. Guess that circles back to the first impression for someone naive to the setup...

The timelocked key is interesting, do you have a letter for the inheritant receiving just that key? I think a good start to a doc package would focus on that, something an inheritant receives while the primary user is still alive: "Hey if I'm dead here's how to use that thing.."

Then maybe there's some coded instructions as a second page that could direct them to the primary key.

Thinking about it that way we're at 3 pages minimum.

Question:

For the primary, can it trivially bump the 15 month timelock at any time? I assume this just means they publish an updated tx... but does it effect the descriptor the inheritant may have stored?

I think there's big opportunity in cookbooks such as this, have been marinading on this problem myself with the added twist of dealing with dead-man switches for Lightning node operators.

At a glance, my critiques would be:

I don't like the suggestion of using a hardware wallet and writing down the PIN and the SPOF with a Cryptosteel/Seed Phrase.

I'm also not clear on what value multi-sig is adding here, the added descriptor just makes the process more failure prone.

The language in the letter isn't for someone naive to this whole concept, both in terms of vernacular and proper nouns. A successful cookbook will be have to be iterated to use non-Bitcoiner language and concepts.

IMO a proper cookbook should also prescribe ways that incorporate unique knowledge by the inheritant so that the backups are secure even if found by someone undesirable first. The old multifactor concept of something you have and something you know.

Standardiztion is another goal, at some point your website/product becomes another SPOF, there should be enough breadcrumbs that a non-technical person with some special knowledge can get help from someone trusted and only semi-technical... but of course this comes with time and iteration...

That's the consensus take, which means its probably wrong.

There's still a whole summer until we're up against it, that's a lot of time for turbulence in the context of all that has been happening.

The rescission word is being thrown around, Trump himself talking about much of the debt is illegitimate, other big chunks of the debt are already owned by federal agencies, the treasury has since Trump v1 been slowly taking back control from the fed, there's some big reveal around revenue on April 2, gold is being repatriated en masse, SBR, elimination of the debt ceiling entirely has been floated to break the cycle of negotiating it, the stablecoin part of the plan is being slow dripped...

All these cross-signals and slow-walked disclosures, anything that seems obvious is more than likely misdirection. Whatever happens, it's already been war gamed at the highest levels and the public won't see it coming.