Insurance seems like a great use case for Bitcoin (not my idea). I’ve been paying for pet insurance for many years. Imagine how many sats my cat would be able to take advantage of if he needed some serious veterinary attention if some of them were put into a fund.
For the candle chart observers, yesterday Coinbase showed a volume of less than 1 BTC for 3 consecutive 15 minute intervals while the price was going up.
Could have been a glitch - I’ve never seen that before.
I’ve never met anyone in my limited Bitcoin sphere that will shout you down (in person) for different beliefs, this is a strength of the network.
Gravity isn’t affected by perception, separation of money and beliefs is also important if your goal is neutral money.
[non galaxy brain disclaimer]
I’ve listened to a few pods talking about covenants and the dedicated op code versus generic op code approach.
Personal non qualified opinion,if we went the dedicated op code route then that seems more useful for the average HODL freak.
“OP_LOCK_SPEND”
Locks inputs to output with the restriction that N sats (inc fee) can be spent per M blocks from output. Sats able to be spent accumulates, 2x M blocks have passed without a spend? 2x N sats can be spent in a single transaction.
You set up an overly bullish spend policy? Wait longer - it’s probably not a life or death spend anyway.