Building is important

Thoughts on evolution of mining and energy companies after listening to Swan Space earlier: How does monetization of energy change how these companies view their services? What services does it create? Secondly, how do things like fiat collapse impact or accelerate such an revolution? My hypothesis is that has the Fed goes after Bitcoin-friendly banks, and other banks start to tighten fiat off-ramps to Bitcoin, stackers will look to direct suppliers. The most accessible supply are HODLers and Miners. Tighter ramps mean HODLers are harder to exchange with. That leaves Miners. If my bank is throttling my BTC buys and I’m trying to move $1M USD maybe I go direct to miners. Miners might not be able to service the full demand. Those companies themselves might have to throttle, but in much more creative fashion. Maybe your $1M buys Bitcoin + hash rate. People love to speculate on how X S&P company might hold Bitcoin next. Cathy Wood estimated BTC’s price depending on a 1% investment by all S&P companies… But how would the landscape look if access and supply were so tight that those companies couldn’t reasonably make such an investment? What if instead that 1%, or some portion of it was invested in THE BITCOIN NETWORK. In mining. In energy. How does that scenario evolve the mining / energy space? What kind of relationships play out between miners and the Trillion USD companies of the world?

Not many #Bitcoin evangelists get me as hyped as Jack Mallers (especially live). #AustinTakeover #BitcoinCommons

Woke up and chose Zaps ⚡️

Best video / podcast on the benefits of #Bitcoin #mining that contains examples of real world outcomes and not just theory?

What happens to real estate if banks like SVB have to liquidate holdings, like billions of mortgage backed securities?

Forget fancy buzzwords like zkrollups or sovereign whatchamacallits… who are the devs working on ease of use? Bitcoin’s flaw isn’t it’s lack of programmability or defi, it’s that the average person is afraid of “putting their wealth in a seed phrase.”

#Bitcoin may eat stocks, but it won’t completely destroy them. In a Bitcoin future there will still be a desire to own shares in Bitcoin-backed companies that themselves provide value and extract Bitcoin from companies that don’t. Speculation likely will still exist as well. How it looks might be different than under a fiat economy, I’m not naive enough to believe Bitcoin will eliminate greed.

Is it even possible to onboard the world to #Lightning? Will fees prevent this before we hit 50% adoption? What % of the world will be able to settle #Bitcoin on chain? What percent will have #Lightning wallets? Will there be a remainder that have to use some other solution? Some kind of intermediary? What is the solution to onboarding people in AD 2100 when on-chain fees are unrealistic for average plebs? I’m a Bitcoin bull, but I’m trying to look ahead.

Am I just paranoid about using 3rd party multisig services for vault storage and inheritance planning? What are people’s thoughts on how to store your #Bitcoin in a way that your loved ones can access it in the future?

Do you browse in Post thread or Post & Replies thread? P&R feels overwhelming and has me questioning how I use Twitter. Maybe it’s lack of context when seeing replies in a vacuum. #damus #nostriches

Nostr accelerates LN adoption > accelerates LN development > accelerates Bitcoin adoption > secures the network > incentivizes building on Bitcoin

Officially not a Bot. #Verified #NostrPlebs

Successfully zapped myself 200 #sats. Not a power user by any means. Struggled through testing various wallets. Had issues with Muun and Phoenix. Finally ended up sending from Breez to CashApp. Are most #nostriches running their own #bitcoin LN nodes?