GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Happy Father's Day for all fathers out there!
"As a father, I cultivate virtue in my children, for their character is my lasting legacy."
Do the same!
Have a great
UNITED STATES FLAG DAY!🫡🇺🇸
This article provides an extensive analysis of the past eight years of the Lightning Network, evaluating whether it has met its anticipated potential.
As expected, it highlights both the strengths and weaknesses of Lightning, with a primary emphasis on its limitations. The piece notes significant issues, such as the lack of network redundancy, which leads to unreliable payments in certain scenarios, and challenges in scaling effectively.
The author suggests that there is ample opportunity for other Layer 2 solutions to emerge, with Lightning potentially serving as a settlement layer among these alternative L2s.
Lightning Network : our high-maintenance crazy-ex
A third look at the state of the Lightning Network from and end-user perspective
Bitcoin Postage - Buy USPS, FedEx, or UPS postage with Bitcoin
https://btcpostage.com
.onion Address: btcpsyz7f6t7pwi62xb4xbiuljcoscd4l4mlk2obxprp6vqohow3dvqd.onion
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Act not as if thou art to live ten thousand years; but let this thought be ever present to thee, that thou art mortal, and that thy time is limited. If thou dost not act rightly, how canst thou hope to fulfill thy purpose? For the physician who neglects his duty betrays both art and trust, and in such neglect, he becomes a stranger to wisdom and virtue alike."
Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it cut costs when moving money around the world.
Cointelegraph
Uber CEO mulls using stablecoins to cut cost of moving money
Uber CEO Dara Khosrowshahi says the company is in the “study phase” of using stablecoins in an effort to reduce the costs of moving money.
In the near future, the majority of online and retail transactions are likely to utilize stablecoins, and those who are strategic may also adopt Bitcoin.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Face this Saturday with steadfast courage, shaping it through reason and resolve
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Your mind will take on the character of your most frequent thoughts: souls are dyed by thoughts. So dye your own.
The European Central Bank has reduced interest rates following a decline in inflation below the target level. This adjustment is likely to increase the money supply within the European Union. Consequently, there may be a shift in value toward assets such as Bitcoin and gold.
The Federal Reserve might pursue monetary expansion, resulting in the U.S. dollar's depreciation against gold and Bitcoin, which could indirectly influence the Chinese yuan. This strategy may help address potential concerns from the Chinese government, as the devaluation is linked to gold and Bitcoin rather than directly targeting the yuan, thus lowering the risk of heightened tensions or conflict. This approach explains why President Trump did not impose tariffs on gold and Bitcoin.
The United States appears to be gradually reshaping the global monetary framework. The critical question is whether individuals, families, businesses, and governments are prepared for this shift.
Gold is going to go close to $20K an ounce.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"You have power over your mind—not outside events. Realize this, and you will find strength." — Marcus Aurelius
This Stoic wisdom reminds those who believe in centralized control, like that of the United Nations, to focus on mastering their own thoughts and actions rather than seeking to dominate external systems or others.
True strength lies in self-discipline, not in imposing control over humanity.
Just as Marcus Aurelius advocates for a Stoic cosmopolitanism, uniting all rational beings in a shared commonwealth, we can examine how this shapes our understanding of decentralized morality and Natural Law.
Similarly, the Bitcoin community champions a digital sound money cosmopolitanism, where all rational beings participate in a unified digital wealth system.
This perspective illuminates Bitcoin’s role as the premier decentralized digital store of value over time and the optimal decentralized medium of exchange across space.
A bitcoin transaction was just done $1.4bn USD for $2.00 🤯fees.
The cost to transfer $1.4 billion USD from a Bank of America account to a Chase account depends on the method and account status:
--- Wire Transfer (most feasible method): ---
* Without fee waivers: Approximately $12,600 (assuming 280 wire transfers at $45 each, based on a $5 million per-transaction limit).
* With fee waivers (e.g., Bank of America Diamond Honors and Chase Private Client): $0.
* -Process: Likely requires in-person or special arrangements due to online transfer limits, with funds arriving in 1-2 business days.
--- ACH Transfer: Likely $0 for standard ACH, but impractical due to low transaction limits (e.g., 1,400 transactions at $1 million each) and longer processing times (2-3 days). ---
Bitcoin Deposits: A Layer 3 Protocol for Trust-Minimized Lightning Wallets
Abstract
Bitcoin Deposits: A Layer 3 protocol for trust-minimized Lightning wallets. Enabling Lightning payments without on-chain transactions or channel ma...
For years, discussions have centered on layer 2 solutions, but the focus is now shifting to layer 3.
This proposal introduces a system built on top of the Lightning Network, termed Deposit Wallets.
The core concept involves a vault managed by a Lightning Service Provider on behalf of the user. While this system requires a degree of trust, it is not absolute, as users must still sign transactions. However, they are not required to be online to receive payments.
The primary advantage is that this system leaves no on-chain footprint, with all payments settled within the Lightning Network.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Focus on what you can control—your thoughts and reactions—rather than letting fear or external chaos overwhelm you, especially to start the week
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Rise like thunder, steady as stone—face the day with grit and soul.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
The only way to sustainably improve living standards is by increasing productivity. Central banks cannot boost productivity; they can only shift wealth, often from those with less to those with more.
