It feels like people think they need to build something in Bitcoin to contribute. But you can do anything useful - just accept Bitcoin. Building circular economies is just as important for Bitcoin’s success as building tech.

Altcoin projects are disrespecting VCs these days - they don’t even try anymore. Just speed up blocks to 400ms, slap on a “proof of something” buzzword, and ride the hype cycle.

The only on-chain transactions I make these days are for opening or closing #Lightning channels. Why? It lets me spend my balance in many small, cheap transactions later, improves privacy, and also gives me tons of inbound liquidity!

Think from first principles. Focus on the foundation. In the long run, X won’t work, neither will central banking. Use #Bitcoin for money, #Nostr for the free flow of information. Appreciate everyone building important things.

Ironically, non-technical users would benefit the most from open-source software. However, it seems to be mostly used by technical people. More people reviewing the code should make it more trustworthy for those who can’t verify it themselves. Is this an education problem, or is the poor UX of most open-source software really the biggest problem?

I have mixed feelings about inflation. It does not seem necessarily bad, but at the very least, it is unnecessary - it does not solve much. If money creation is fairly distributed and productivity grows, inflation would not be harmful. But fiat inflation is never fair. It is a hidden wealth transfer. If we produce more, what's wrong if money simply retain its value? 🤷‍♂️

Great job @jack mallers and strike team on deploying the product line in Europe. The best LN UX hands down. Such custodial solutions are important for introducing LN to more people. I showed it to a friend, got him excited and he now has his own LN node and channel opened with me.