For me I sometimes sell of a bit of an old stack. Sometimes KYC CEX.

Wire transfers are problematic, for me at least. The bank will start asking questions, and the peer knows your name.

It sounds like you think debt is a bad thing. I don't think that is true. Debt is a valuable tool in any economy. However, the high finance and lack of transparency that comes with it are problematic. Fractional banking is also problematic, as is money printing.

Debt can help house a family or a business grow.

Yes. That part I fully understand. But who's the Admin? Can anyone become an Admin? How does that work?

I'm always curious about conflict resolution with these kinds of projects. I've read a bit about that here and it mentions 'Mostro Administrators'. Who are they?

This is really great news. I've had the pleasure of meeting him a couple of times and he is a critical thinker in the broadest scene. For him Lightning isn't good enough by some stretch and I'm convinced he'll further the cause.

Big shoutout to OpenSats who do incredible work! They accept (Lightning) donations, please send some sats! https://opensats.org/

There's none yet. Not really. Check out their Github: https://github.com/commerceblock/mercurylayer

Ryanair.

You can do this async (so good UX).

Pretty good security too, the facilitator (SE or Statechain Entity) can't run away with your coins.

Mercury takes a UTXO as a building block and creates a system in which that one UTXO can be handed over to someone else.

This is facilitated by math! It comes down to this: s = s1 + o1 = s2 + o2.

Where s is the private key required to spend the UTXO. And s1 and s2 are the private keys of the facilitator (this is the guy you have to somewhat trust). And o1 is the private key of the original owner. o2, you guessed it, the private key of the new owner!

There are some provisions to make all of this safe and offline but in a tiny nutshell, this is it.

Caveat: I'm just learning about this as well

Is it that much different from, say, an email server? Sure, the intend of a Bitcoin node is somewhat different from an email server. One is routing financial transactions, the other is routing messages. Sometimes the Bitcoin transactions come with a weird or questionable (subjective) messages. Such is life. The major difference that I can see is that on a mail server, you can remove these messages. You can't on a Bitcoin server.