I just learned that El Salvador holds 1.37 tons of gold, valued at roughly $86 million today.
Their gold balance has remained constant for at least the last 3 years when they began buying Bitcoin.
Given that they’re making a big bet on Bitcoin (their Bitcoin holdings are now worth $400 million), I suspect they also believe that Bitcoin will eat gold’s market share as a store of value.
If that is true, why continue to hold gold?
Midi format instead of actual instruments being played?
Exactly! I just assumed they were trying to squeeze more profit in a downturn, it never would have occurred to me that they've been operating at a loss this entire time.
Have really appreciated all your work bringing insight into the workings of SN, in addition to your kickass more traditional posts. So glad you're here!
Ok, I added a channel directly to Stacker News. I also edited my LND config to change the send-out HTLC on my channels to 200 millisats.
Now this reply should work with zero sats on SN and all from my node.