Can someone explain to me, like I’m 4, the precise way sats are transmitted on primal. What are the steps in the stack primal/nostr/lnd/core

‘The few who understand the system, will either be so interested in its profits or so dependent on its favours, that there will be no opposition from that class. While on the other hand the great body of people mentally incapable of comprehending will bear its burdens without complain’ Rothschild on the banking act of 1863 👀

I think having say a non trivial amount of sats in escrow to ‘validate’ your account and have that at risk with the anonymous social net will greatly increase the user experience @ODELL

Interest rates are feeling very broken, the main buyers over past decade are not buying (namely the FED), deficits are exploding, dollars are going milkshakey …. Wrecking ball time

How stupid is one who keeps searching up all these privacy enhancing YouTube videos? Asking for a friend.

@BTC Sessions what are the key lessons you learned by being one of the first rebels that insoc went after? And do you think they are focused on you now? Thanks

With the fragmentation of the global payment system, it’s disappointing that non of the nations that are being targeted by the weaponization of the dollar have moved an inch toward using Bitcoin. Why?

Pls @Lyn Alden make a audible version.

View quoted note → This survey shows those who need it don’t have it and those that have it don’t need it (or think they don’t need it. I’m referring to the technology stack needed to custody and transact in sats.

Should be considered a classic.

Will there be a day When you’d sell your Bitcoin stack for say 10 percent ownership of say spaceX and a board seat? @Michael Saylor ? Would be epic parlay

@ODELL not sure who to reach out to, I know you an investor, but can’t post anything w pics on primal iOS

Is the loss rate of Bitcoin a problem? @Lyn Alden if say 25 percent are gone forever, and the slippage is 1-2 percent a year? At what point can sats supply be so low as to nullify it as a medium of exchange? I’d also love if you could discuss money in relationship to population growth, and also money supply and edge investments/Innovation. Thx, huge fan

It’s not often you see monetary policy and fiscal work in complete opposition, this cycle and the end of zirp years. 2023 2t 7.5 percent deficit with fed hiking at the most aggressive relative pace in history. You want an end to inflation, reduce spending. You want to simultaneously crank rates till something breaks, while the crooks in Congress gorge at the spigot…. Not gonna lie, this is gonna end really really badly for all of us.

Report from the belly of the beast: Glowing story on Bitcoin Greeness on Bloomberg. A disturbance in the force, i feel. @ODELL @Lyn Alden @preston @Marty Bent

I’m power listening to the Elon Musk bio by Walter Isaacson. Elon basically wants to create what seemingly will be an emergent property of NOSTR @ODELL in one sense of it, although pub/private key creation is free, can we make it so that if there is some skin in the game, we get an orange check (know how much you love the blue checks). I,e find it with some sats, say 100k

I think there are way less bitcoiners than is often spoken about. What matters is full node runners, You’re not a bitcoiner If you just hold some sats on some casino exchange. You’re not a bitcoiner if you just hold some sats on a coldcard. You’re a Bitcoiner when you care enough to protect the protocol, and you do that by adding a node to hold a copy of the Leger and Run the protocol.

I think there are way less bitcoins than is often spoken about. What matters is full node runners, You’re not a bitcoiner If you just hold some sats on some casino exchange. You’re not a bitcoiners if you just hold some sats on a coldcard. You’re a Bitcoiner when you care enough to protect the protocol, and you do that by adding a node to hold a copy of the Leger and Run the protocol.

I’ve run a lightening node for several years now, used to rebalance and work to break even supporting the network. Have not done this in a while, now channel flows are zero. With all the gifted coders out there, why not the ability to automate intelligent auto rebalance, max channel dispersion, etc? This would dramatically increase the robustness of the network, and make the concentration of node much less. @jack @ODELL @preston @Marty Bent @jack mallers @Michael Saylor

After reading ‘world for sale, by Javier Blas’ one wonders why these commodity traders don’t use Bitcoin. Just a thought