I wonder if OSS donations via BTC could become a trojan horse? If you complain about not getting funded, would you complain about the currency? Or would you start to get interested?
I love this idea. My take is that anything that promotes 'real' use, even if the use only lasts for the handful of minutes that it takes to cash out using Strike or Cash app, is super high leverage, way higher than somebody just buying $100 of btc in case it 10x again someday. The ripples that it sends through the universe, the lines of force that unfold in the ecosystem.
My main thing is not the money but the mental load. Decisions are expensive! I don't have the expertise to evaluate someone's worthiness of a contribution; and it also seems futile, much like some people feel about voting -- does giving $5 to some random dude really matter? And should I allocate to a known star, or to some unknown?
I think this is highly relevant to SN, actually. That's one of the really ripe opportunities for economic analysis.
I think what Chaincode, Brink, Spiral grants, etc., do is really really valuable for this reason. Assess, curate, encourage. But probably not a solution for the broader problem.
You forgot about that time LL deployed keysend payments with no spec. C-Lightning devs had to reverse engineer the feature in order to write the spec and a compatible impl.
Labs was made in the Silicon Valley mold: raise a shitload of VC money, hire the biggest and best engineering team, race to build the best developer tools, lock out the competition, and capture the market. Once you have captured the market (they have) leverage your monopoly power to squeeze out other impls and expand your monopoly. Embrace, extend, extinguish.
If you are a lightning dev ask yourself if you want the future of decentralized payments to go the same way as so many other markets that have been captured with this model: email service provider, internet search, web browser, video sharing, etc.
Monopolies are bad for free markets but good for monopolists. Which one do you want to support?
I love this idea. My take is that anything that promotes 'real' use, even if the use only lasts for the handful of minutes that it takes to cash out using Strike or Cash app, is super high leverage, way higher than somebody just buying $100 of btc in case it 10x again someday. The ripples that it sends through the universe, the lines of force that unfold in the ecosystem.
My main thing is not the money but the mental load. Decisions are expensive! I don't have the expertise to evaluate someone's worthiness of a contribution; and it also seems futile, much like some people feel about voting -- does giving $5 to some random dude really matter? And should I allocate to a known star, or to some unknown?
I think this is highly relevant to SN, actually. That's one of the really ripe opportunities for economic analysis.
I think what Chaincode, Brink, Spiral grants, etc., do is really really valuable for this reason. Assess, curate, encourage. But probably not a solution for the broader problem.
Day 40 of snailposting everyday 'til BTC hits $100k.
__@_'-'
You forgot about that time LL deployed keysend payments with no spec. C-Lightning devs had to reverse engineer the feature in order to write the spec and a compatible impl.
Labs was made in the Silicon Valley mold: raise a shitload of VC money, hire the biggest and best engineering team, race to build the best developer tools, lock out the competition, and capture the market. Once you have captured the market (they have) leverage your monopoly power to squeeze out other impls and expand your monopoly. Embrace, extend, extinguish.
If you are a lightning dev ask yourself if you want the future of decentralized payments to go the same way as so many other markets that have been captured with this model: email service provider, internet search, web browser, video sharing, etc.
Monopolies are bad for free markets but good for monopolists. Which one do you want to support?
I use it less.
I love the platform and the wonky experience, but there's zero interaction if you're not a "bitcoin influencer" already.
I'm still bullish on Nostr, though. Someone will fix it soon enough.
Alternately: "btc is fine, everything is good for btc, it's inevitable" is also how you know.
https://i.postimg.cc/CKH09L8f/6x85ve.jpg