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I'm going to meet up with the owner of my local cafe this week.

I'd like to give him some options for accepting bitcoin.

So I think a point of sale on his mobile phone would be best.

I see Wallet of Satoshi has one & also Breez (but no Australian dollars unfortunately).

I'd prefer to get him to take self custody of the wallet, but at the moment I'm not sure how orange pilled he is. He might want to keep the profits in BTC & the product cost might go back into fiat.

Anyway, what recommendations does SN have?

wallet can share the payment pre-image with Strike servers, Strike servers confirm that that was indeed payment they just received on one of the terminals and then the Strike server will immediately pay out some % sats to the wallet dev.

This won't work very well. Any LN node that routes the payment will know the preimage once the payment succeeds. The wallet would have to share it with Strike before the payment is made but regardless any LN node on the network would want to submit any successful payment they routed to Strike in order to redeem their share. I'm sure they could do something to battle the spam like blocking the dev account they are paying out to if there's too many false claims. But there's a privacy concern if this isn't communicated to the wallet user that this is happening without their consent. Is the user sharing all their payment data to the FOSS wallet? Or are they submitting it to Strike themselves and associating IP address information? Also I doubt they will provide this without KYC'ing the wallet dev.

This is also an analytics concern with them trying to aggregate as much proprietary knowledge about the network and who is using what. It's good they are trying something to pay open source wallet devs, but they could just like, pay open source wallet devs.

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My country Nigeria is a sharp contrast. The government is against Bitcoin and crypto but who can ban Bitcoin. Your country knows this and they just let it be made official instead of having people transacting in Bitcoin without their knowledge.

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I love it and it's a great showcase on what we can build with the power of bitcoin!

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An old thought that's new again: your own sense of how you work -- what makes you tick, what motivates you, what you like and don't like -- is only a theory. And like every theory, it can be poorly- or well-supported by evidence, poorly- or less-supported by science, and you can be more- or less-diligent in trying to figure it out.

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The Psychology of Money - Morgan Housel

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I heard a very clear explanation of why monero's base chain privacy is its biggest problem by Tuur Demeester on Marty Bent's TFTC podcast. Check it out:https://fountain.fm/episode/EP5FUbCTYPr2e7FGBF8F Bitcoin’s chain is verifiable. Monero's is not. An inflation bug, for instance, can go undetected In monero, and it's possible that's already happened.

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The commit fees are changing.
If/when mempool fees are fluctuating, also the commit fees will increase or decrease and that will be affected in your channels "can send".

Another aspect that you should take in consideration is the "buffer" kept in each channel when is about to be depleted:
https://github.com/lightningnetwork/lnd/blob/6dea86428d031171af30119e3f6599820dc5454a/lnwallet/channel.go#L3803-L3815

For those cases, if you really want to empty that channel, you have to go slowly with smaller amounts, going closer and closer to the last sat you can send.
But with Alby Hub you cannot select a specific channel to make a payment (yet). You will need to use another node management software like Thunderhub, RTL, or Zeus that allow doing that.

Is something wrong with my LND?
Should I be worried?

No. This is how LN it works. That's why we always recommend to NOT open small tiny channels where this difference can be seen easily. For a larger channel it will be insignificant change.

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That's the first test! You need to figure out where to click to apply... :)

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Finland: The Country of White Lilies - Grigory Spiridonovich Petrov

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Day 5 of Piano Practice: https://files.ekzyis.com/public/music/2024-02-01-133648.m4a

I might be able to pull of the whole song tomorrow--or at least this week.

Still no one can recognize the song?

Bonus question

Who can tell me what the following command does:

$ mv {signal-,}2024-02-01-133648.m4a

One of my favorite linux terminal flex moves

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Basically the eugenicist case: If you're a real miserable piece of crap, maybe let someone else's genes propagate into the future.

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Here we go. Hold onto your hats and your principles.

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I'm working on a promotion idea for a client's restaurant this week.

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