I'm not arguing for custodial solutions, but given the current state, WoS is basically the only wallet I'm actually using along with Strike, when I need to pay an invoice. I don't have any significant funds in any of those custodial wallets so I don't worry about loosing it, but I do worry about everything centralizing on WoS.
Are there any good alternatives, even custodial?
More context:
- Breez rarely works on my iOS phone (past months just constantly crashing), Android works better but not reliable
- blixt I have to manage channels which is still too much time
- SBW is gone
- BlueWallet custodial is gone
- Muun is in trouble, too high fees
- Zeus + Umbrel with Tailscale is still nightmare to maintain (I have to manage channels and it stops working every once in a while)
Discussing things in dollar denominations is not useful to this kind of analysis. If Bitcoin goes up in USD value, so will the routing fees so dollar value is irrelevant. Instead the question to ask is whether fees are too small with respect to the fee rate needed to open/close channels and the payments that are made.
The answer to that question depends on a number of different factors like how long the routing node is intended to be up (which impacts whether the opening/closing fees make you net negative), the time dedicated to the maintenance of the node (a form of labor cost), and the proportional risk of each payment potentially jamming your channel (which you should get compensated for).
Personally, I don't think this is a problem until we see a significant amount of the network force-closing and/or a dramatic decrease in channel openings. Fee mechanics are still really important and I think not adjusting some of these models can result in problems in the future though.
Classic. This collection of essays around the story was one of the things that got me really excited about all the stuff going on around the internet, long ago. Includes one by Tim May for heavy cypherpunk energy.
Yeah we want to support two main use cases (but in theory there's many more, Ben is the expert in DLCs not me haha).
So we want users to be able to do this among themselves, so again need p2p connection functionality. Possible long term future against us as a service offering or order book.
Looks really slick! Nice work on the partnership!
I feel like the site revamp makes his archive way more accessible too.
Helping a family member run their own full node
I like how your education isn't adequate for the rudiments of spoken language, but it is adequate to write advanced distributed systems that explore frontier topics in sociology and economics.
I'm afraid you will have a very hard time finding a support group, should you ever require one.
Are you drawing lines on a chart in stacker.news? People don't tend to draw lines on charts on stacker.news.
After reading this:
and this:
I have a question: I assume you are leveraged-to-the-tits long on Bitcoin, right?
Not really but people always need their boogymen. Blackrock is generally viewed negatively but Larry is very clear about what Blackrock does. The company manages money. None of the trillions they have access to is their money. He repeats it over and over. Blackrock is behaving based on the requests of its clients. But that falls on deaf ears because people would rather rip into Fink for ESG stuff while Blackrock also has oil and gas investments. Instead of reaching for the logical conclusion that maybe with trillions under management Blackrock has sizeable clients from both industries I guess its just easier to say "REEE FINK BAD REEE" and put no energy into thinking about things.
So, ETF's are not bad. In the case of Blackrock this is them attempting to meet the needs and demands of their clients. ETF's can be integrated into retirement plans which means you no longer have to hold Bitcoin to feel its effects. Its effects can be felt by your automatically managed 401k account instead. You don't even have to be aware and most people won't because most just open an account with their employer's provider and let it do its thing. This is how Bitcoin integrates into every day lives.
Custody of Bitcoin really has no need to be the focus of everything involved with Bitcoin. Care less about the custody and more about the utility.
Could you use a GCN and RL to select transactions for eviction??
That's a research paper.
https://m.stacker.news/58800
I was surprised to see this given what Powell has said about the labor market... Cant wait for the revision right after the election though that says only 5 jobs were created!
Quite a corner case, you'll hit this situation in very rare circumstances, if ever.
Most likely you'll never gain enough traction because you'll be repelling 9 out of 10 users with this policy. That's what I suspect.
Day 199 of snailposting everyday 'til BTC hits $100k.
__@_'-'