a bitcoin cognitive dissonance: when you need to buy it you want the price to go down and you bought it because the price went up

optimistic on what @Amboss Rails model could become at scale a type of prefunded shared liquidity usage from actual economic activity, not based on derivatives or structured debt products that create synthetic yield Bitcoin itself is a built in Treasury Management System that is truly differentiated from these so called Bitcoin Treasury Companies

New York, I love you, but you’re bringing me down…

hodled #bitcoin domains View article →" target="_blank" rel="noopener">https://primal.net/e/naddr1qvzqqqr4gupzq4ys4ufz2qkx9wsqn6zs9pf66ywrrr2hvrstxgv0j3tl7t28zpnhqq8ky6t5vdhkjm3dv3hk6ctfdeesetnsydNOSTR_0

hallelujah anyway 🙏

thought provoking piece, I think a new parallel gross and net settlement network will form with main chain lightning, ecash and hopefully a temporary bridge with fiat through atomic swaps as theorized with regard to VISA and other card networks its important to note these entities take on enormous risk of consumer charge back protections justifying some costs however in my experience with the interchange fees they are exorbitant to pass onto consumers and represent real need for improvement in the system, lightning and ecash pro probably contain a more elegant and cheaper solution most global capital flows in trade, FDI, securities settlement, payroll etc still operate on central bank clearing, cross boarder and local paymen systems. We need to reimagine ways to bring these high value (non-consumer) flows into Bitcoin settlement systems stable coins have had one critical function though at least historically - arbitraging the Bitcoin price between exchanges globally, avoiding SWIFT rails this concept of "sable balances" is an interesting fait-less way of handling settlement too and could been round about way avoiding the banking cartels