The problem we face in NZ is that while our community is growing, today, we’re dwarfed by the crypto crowd by an order of magnitude, and dwarfed by those who don’t care and will jump in on CBDCs by another two orders on top. We’re growing, but we have yet to impact the general business/consumer landscape here in NZ.

The “blockchain nz” groups have money, interest groups, and industry communities.

As of today, we’re sitting ducks for this.

I’m jealous of the stories I hear from others about their experience onboarding merchants and individuals in other countries. When I talk to local businesses here in my area, I generally don’t get a negative argument, I get “I can’t be bothered, don’t care.”

Where do we find the hook? The problem to solve that gets people to overcome their apathy?

Don’t mean to be a pessimist, I believe Bitcoin wins in the end, just voicing that we have a LONG way to go here in NZ.

I've learned a lot!!
Probably the biggest one is that the "inbound liquidity problem" isn't actually about liquidity being scarce. It's about how the network is communicating.

If liquidity was scarce, we'd see the yields from routing nodes explode higher. Instead, anyone that wants to get some inbound liquidity can quickly find someone that's selling it and buy a channel from them. With the network being so decentralized, the biggest needs are actually in coordination and communication.

Engineers

Preschool, Primary, Secondary and Special Education School Teachers

Food Preparation and Hospitality Trades

Animal Care and Service Workers

Sports and Fitness Occupations

Lawyers, Judges and related workers

Natural and Social Science Professionals

Teaching and Education Professionals

Managers and Proprietors in Hospitality and Leisure Services

Personal Appearance Workers

Health and Social Services Managers and Directors

Counsellors, Social Workers, and other community and social service specialists

Therapy professionals

Librarians, curators and archivists

Artistic, literary and media occupations

Public Services and other associate professionals

Entertainers and Performers, and related workers

Very good post. The way BlackRock was able to buy up single family homes post 2008 was aided by Fink's government connections too. I really fear this spot ETF push is partially intended to ultimately give the U.S. govt the opportunity to
control bitcoin's price like Chase and other banks have been controlling price of gold. I don't think they will succeed since custody of physical bitcoin is so easy, but I'm suspicious of anything involving Fink and BlackRock.(Tinfoil Hat warning)

A mining node can only "censor" any block it mines. A miner with huge percent of hashrate could mine 6 blocks in a row somewhat regularly.

Lightning nodes are often under pressure to get their transactions confirmed quickly. Maybe they manage money for others and need to provide excellent service, or maybe their node was offline and they need to respond to a fraudulent channel closure in time to penalize the peer and avoid losing funds to them.

Lightning channel transactions are easy to identify so a miner could decide to censor them. This could force the LN nodes to pay higher fees and/or wait longer for channel operations.

By delaying or censoring transactions related to the miner's own fraudulent channel closes, the miner has an advantage over non-mining routing nodes at succeeding in an attempted fraudulent channel close. A very slight advantage that can be mitigated massively by simply setting a higher CLTV delta on your channels. That would give you more time to respond. Its highly unlikely that the miner would be able to censor you for more than 20 blocks for example.

Many believe that bitcoin's various roles should be done by as many different actors possible to prevent any concentration of power or potential conflicts of interest.

In my opinion, multiple actors, each performing multiple roles is acceptable as long as there is competition between them.

I don't know what Siggy is thinking about in terms of frequency but hopefully many more to come.