Jesse Shrader 🌋⚡ 🌊
@Jestopher_BTC
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Following
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Co-Founder @ - ⚡ Network Explorer 🔦 Never before has greed tempted me to live a very simple life.
Nashville, TN
Joined May 2015
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Pinned Tweet
The Lightning Network is
#bitcoin
in a structural form.
Acting as a social network, we are optimizing the structure of our collective bitcoin for rapid settlement and payment success while preserving payment privacy.
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What would you guess the current reserve requirement is on U.S. banks?
5%?
No.
Lower?
Definitely Lower.
3%? No. 2%? No. 1%? No.
Zero. It's 0% held in reserve.
#Bitcoin
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I need a lightning wallet that works reliably, is non-custodial, and is simple to use.
Our local rancher wants to receive Bitcoin payments, but he's running out of steam trying all of our best options.
The payment system has to WORK.
Why do I even have to say this??
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Okay who's starting a
#bitcoin
church?
I'm in.
I'll start drafting some hymns while you figure out the tax exemptions.
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What if your job was to travel the world and deliver nodes to people 😍
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The best part of bitcoin is the staggeringly brilliant people that are into it.
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Guys will seriously live like this and expect you to move in with them.
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Bitcoin payments are default lightning now.
I can't imagine sitting and waiting for 3 confirmations anymore.
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I gotta say...it feels good to be working on lightning.
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What's the best response to "Money is a collective illusion?"
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What's the plan to scale Bitcoin without lightning?
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Some people will literally just buy bitcoin and not post on social media
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Lightning is gonna blow so many minds it's gonna be like a psychic whorehouse
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This is massive news especially if you've been paying attention to the gargantuan size of Tether on Tron.
The global market wants dollars and what
@Lightning
Labs is doing is bringing the best available settlement tech to that market using
#Bitcoin
.
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Do you know anyone who is actually knowledgeable about bitcoin and is still bearish?
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I think I regret about every purchase I made this year other than bitcoin
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I'm full time in lightning and even I can't keep up with developments.
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@samcallah
Hi
@samcallah
, this data is incorrect. Our data
@ambosstech
shows Lightning Network Capacity near ATH levels in agreement with several other lightning network explorers.
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$Sats are a stablecoin pegged to the
#bitcoin
price to allow regular people to afford to buy bitcoin.
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You're haven't truly experienced Twitter notifications until Saifedean replies to your tweet.
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I've netted 300,000 sats this month by providing routing on the lightning network.
Big thanks to
@openoms
@thunderhubio
@alexbosworth
for making it possible for a Raspberry pi to pay for itself.
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How are people still FUDing lightning?
It's a side ledger between two parties with digital signatures and timelocks.
What's the attack vector? What doesn't scale?
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New challenge: try to stack your phone number in sats
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Bitcoin is a hedge against monetary debasement, not inflation.
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Someone berated me yesterday telling me to sell my bitcoin.
I could just watch the Bitcoin Derangement Syndrome setting in.
😥
I'M NEVER FUCKING SELLING
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🥜 Cashu Addresses are now live! ⚡
This is an innovative improvement over lightning addresses and Ghost addresses.
Key benefits:
1) Offline lightning receives
2) Trust minimized
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This is the first time in my life I've ever wanted to buy a fax machine.
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We should do another halving just to fuck with everyone
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It also means it's basically free to operate a business on lightning if LOOP inbound costs <0.4%.
That's already over 3x cheaper than a domestic VISA transaction at 1.25%.
I can find inbound as cheap as 0.03% so we already won the payments game IMO
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Texting my fiat friends to ask if they're okay.
It's the kind thing to do when they reached out after FTX to ask if I was okay.
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Unpopular opinion: There's too much bitcoin on the lightning network.
Yields have dropped significantly
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I need a car, but I already sold mine for bitcoin back at $8300/BTC.
I've just been driving around other people's cars so their batteries don't die while they quarantine.
Bitcoin changes you to reduce wasteful use of capital.
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Never before has greed tempted me to live a very simple life.
@matt_odell
@MartyBent
@saifedean
#stackingsats
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The fact that bitcoin (and especially lightning) is open for innovation is what makes it unstoppable.
Imagine it, build it, defend it.
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My mom is running my node for me while I'm away. It's currently ranked 11th on terminal web.
A+⚡mom. 💯💯💯
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Trying to save the Lightning Network wikipedia page. Added a section on the Lightning Torch that got some reputable press. The article needs to establish "notability" and the torch made great waves.
h/t
@hodlonaut
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What's the best response to someone saying you should diversify?
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Using an S9 to heat my apartment now.
Why would I use a space heater if it doesn't pay me?
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Can you really call it a portfolio when it's only sats
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Lightning is directional
#bitcoin
You can point your bitcoin in a channel to other lightning nodes to enable near-instant settlement. (Outbound capacity/local balance)
How much you can receive depends on how much bitcoin is pointed at your node. (Inbound/remote)
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What is the product?
HOLD ON TO YOUR WIZARD HATS!
Today we are announcing a $7.5M seed round, led by
@standardcrypto
, to Make Bitcoin Magical Again
We broke the chain, we danced on stage, we took showers
We heard about bitcoin 10 years ago. And WE’RE HERE TO FIX IT
More in the thread below 🧙♂️
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Confirmed! Each badge at the microstrategy conference had an RFID tag for tracking.
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I know some of you have experienced a bull market, but have you ever experienced a bull market ON LIGHTNING?!
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I'm just now diving into nostr and this may be a new rabbit hole.
So far, the user experience is atrocious (at least for Android), but the community doesn't seem to care.
That shouts "disruptive innovation" to me.
Mad props
@fiatjaf
.
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Just got told to stop talking about bitcoin. Feels like the end of an era.
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Basically my entire paycheck went to bitcoin this month.
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Looks like a nerd, but maybe he has something to say 😏
Meet our speakers 20:
@Jestopher_BTC
of
@ambosstech
will be speaking at Adopting Bitcoin Lightning Summit in San Salvador on Nov 16-18!
#adopt21
⚡
⏳last day to get discounted early innovator tickets - save yours now 👇
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Your savings should be a fraction of
QE Infinity
114
21 million
997
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Did you know Yoda had a last name?
It was Layheehoo.
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If you do keto, crossfit, and bitcoin, what do you talk about?
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Being in Istanbul, I'm getting exposed to some German culture as well. One of the phrases I'm finding most useful is "lehrgeld" which can be described as the cost of learning a lesson.
Basically you get scammed and now you've learned not to get scammed again. You paid lehrgeld.
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Went to the local weed store and saw that they accept credit cards, which surprised me.
I asked the store owner how much the transaction fee is and he said they pass the fee on to the customer through the prices. I pressed for an answer and he said $3.50 PER TRANSACTION.
⚡
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Tons of room on this Boeing flight across the Atlantic.
The staff reminded us that if we had any concerns about the safety of the plane, they have an open door policy.
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Shout out to the team at
@lightning
for shipping relentlessly. Thankful for their roundtables to show their progress and solicit feedback.
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@rachelkibbe
@AaronDewes
1. We take "don't trust, verify" pretty far.
2. Those opposed to vaccines are pretty outspoken about it.
3. The anti-anti-vaxx community rhetoric has become both violent and violating; forced vaccinations and vaccine passports could destroy basic human freedoms and sovereignty.
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I hate shitcoins as much as the next guy, but I've never hated them so much that I want them to be built on Bitcoin.
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Here's what I'm most excited about on the Lightning Network:
@tonklaus
's Stable Channels
@lightning
's Taproot Assets
@callebtc
's Cashu e-cash
@Boltzhq
bridging Liquid & LN
@AquaBitcoin
consumer Liquid impl
@acinq_co
's Phoenixd simple docs
@voltage_cloud
's Hydro integration
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Speaking broker to broker, do the Know Your Customer (KYC) rules do more harm than good?
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Global reserve currencies don't last forever:
1450 Portugal 🇵🇹 - 80 years
1530 Spain 🇪🇸 - 110 yrs
1640 Netherlands 🇳🇱 - 80 yrs
1720 France 🇫🇷 - 95 yrs
1815 Great Britain 🇬🇧 - 106 yrs
1921 United States 🇺🇸 - 101 yrs (so far)
On average, world reserve currencies lasted for 99 yrs.
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