This is Roy Sheinfeld (@roy) and I'm the CEO and Co-Founder of Breez where we create a n infrastructure for non-custodial, P2P Lightning economy.
I've also came up with LSPs and helped with podcasting 2.0.
Go ahead, AMA!
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This is Roy Sheinfeld (@roy) and I'm the CEO and Co-Founder of Breez where we create a n infrastructure for non-custodial, P2P Lightning economy.
I've also came up with LSPs and helped with podcasting 2.0.
Go ahead, AMA!
https://m.stacker.news/19694
Day 222 of snailposting everyday 'til BTC hits $100k.
...and 22 push-up(s).
__@_'-'
If it stops there, might not have all that much utility. But a great case study I would hope. And a big motivator for bitcoiners inside the company.
Would be awesome if they invested in their payroll department to stream salaries to them. Each employee gets a page to see their balance incrementing & withdraw ahead of pay day.
I suspect they won’t get there though, due to the delights of payroll being a monthly exercise and ancient tax codes etc. Prove me wrong Saylor.
Great post, thank you. I vote to replace Decentralized with Distributed
guys, please don't zap this comment!
All sats are going to Natalia and then fw to me, is like a continuous loop FFS!
This is pure madness!
With the L2s there seems to be this dilemma between trust and cost. Non-custodial Lightning sits at one extreme where it's basically trustless but incurs high cost (channel management, routing). Something like Fedi sits at another extreme where trust is higher (federated, hard to audit) but payments are cheap and frictionless. This trade-off is not a bad thing, it's just reality. The ultimate form of sovereignty in Bitcoin is UTXO ownership, but this is necessarily expensive and most people will not be able to afford it.
I think that the non-custodial Lightning UX is skewed towards favoring the sender. All you really have to do is fund a wallet on Phoenix or whatever and hit send. Receivers on the other hand have a much harder time because they require in-bound liquidity, need to be online, etc., which of course is why custodial wallets are so popular on Nostr. To me Fedi looks like a strict upgrade from custodial Lightning because it has the same advantages and more (such as no routing required). Much easier to use on Nostr.
I suspect a handful of banks will emerge for liquidity and trust reasons, similar to how there are only a couple of dominant stable coins and ETH LSDs. Not really sure why we'd end up with thousands of community banks, as a merchant would have to vet all of them to be confident that their e-cash is backed by BTC. Perhaps there's something I'm misunderstanding here though.
I'd like the territory owner to get a message whenever their territory gets muted:
"You've been rejected by __________. GFY."
Can the team get on that and make it retroactive?
The suits are here. And they're looking for someone to pay so they can rest assured that they 'remain compliant'.
By operating as a for profit company with investors, Amboss has a direct incentive to seek profit by any means. Including catering to the 'needs' of fiat minded companies.
'Bitcoin Companies' and 'Bitcoin VCs' are still tied to fiat and state apparatus. The state will use them to try and control BTC.
They may succeed if allowed.
There's a reason Bitcoin was not founded as an LLC or CCorp. Bitcoin was/is FOSS because it has to be in order to resist the state.
If your bitcoin project isn't foss and you're not actively resisting the state, you are just an arm of the state working to control bitcoin.