10 sats \ 0 replies \ @Signal312 15h \ on: The Art of Swapping 🔁 bitcoin
Thanks for this detailed write up.
I'm having a hard time understanding how Robosats can be cheaper than Boltz, for swapping from Lightning to BTC.
Boltz charges .5% of your lightning total, to swap from Lightning to BTC (and then the transaction fees are on top of that).
The cheapest that I see on Robosats to "swap out" (i.e. go from Lightning to BTC) is -1.9%. So if I'm understanding right, you're getting 98.1% of your lightning btc out, into on-chain bitcoin.
Or is it somehow the opposite, you're paying LESS for the bitcoin that you get, when you go from lightning, to on-chain?
Hard no on that, they're evil.
Also, I don't think their pension plans are going to do well once serious inflation begins. If they raise pensions with inflation, they have to admit that inflation is really bad, and they won't want to do that.
In the post World War I hyperinflation, in Germany, retired civil servant's often had ridiculously low pensions once inflation really kicked in.
Thanks. I'll bet if you wrote up a detailed post - or had friends and family write one - of exactly how bitcoin is being transacted in Venezuela, you'd get a lot of interest.
For instance, something like this post: Uruguay - The New Land Of The Free?.
Not that Venezuela is the land of the free, but a feet-on-the-ground, detail rich report like this gets a lot of interest. And sats!
Yeah I'm not quite sure I get it either, about the commercial real estate.
I'm sure you're right, but I need it spelled out a little more...
Interesting, thanks for the updated.
How specifically are people transacting with bitcoin? Lighting wallets, which ones? On-chain transactions? Guess it depends on the amount.
I think, even more than the moral compass part of things, the religious community is very important. So Buddhism wouldn't work for that, because there's so little community (at least where I live). You'd have to practice it on your own, which in my opinion defeats the whole purpose of having a religion...
Off the top of my head:
- Encourage/require that they WORK, in terms of nothing gets done for them, that the child can do themselves. Must help around the house, must help with cooking, cleaning, at the minimum
- Encourage/require, as early as possible, that they work for pay outside the house
- Allow only limited screen time. This is much tougher than it seems, but I think it's critical.
- Only if you limit screen time will most children have the inclination to pursue hobbies and interests. Screen time (video games, surfing, etc) is so addictive that kids don't develop hobbies and interests anymore, not nearly like before. Or those hobbies are instagram surfing, and the like.
- Consider homeschooling in a supportive community.
- If you're not religious, consider becoming religious and being part of a religious community, for the sake of the children. I know this is not easy, but I've seen enough of the world to believe that atheism, and no religion whatsoever, is not a good life plan in the long run, over generations.
And it may seem odd, in the context of your question, that I emphasize work. However, I don't really believe that public schooling is designed to develop good workers, who focus on career. Most of it is useless, a waste of time. It's evolved as the least-common-denominator path to employing a bunch of school teachers and other employees. The focus is not on the kids. There's so much make-work useless feel-good bureaucracy in public education.
Thanks Tom as always for the great news tidbits.
I may be traveling to Germany this summer, what are the best places to look for btc meetups there?
Here's some of the privacy recommendations from the article for when using proton mail:
For users concerned about privacy, particularly those involved in sensitive or political activities, OPSEC should be a top concern when using privacy tools. It’s advisable to:
- Avoid linking recovery emails or phone numbers that can directly tie back to personal identities or primary business activities.
- Consider using secondary, disposable emails or virtual phone numbers that offer an additional layer of anonymity.
- Use a good VPN service to hide your IP address whenever possible. (Failure to do this is what compromised a Proton Mail user in France who was arrested after after police obtained IP logs.)
- Consider purchasing services using an anonymous payment method.
- Stay informed about the legal obligations and policies of communication service providers, especially regarding their compliance with international law enforcement requests.
Aha! Thanks, I think I may have occasionally seen that out of the corner of my eye, but never really noticed it.
So that's how people are finding onion addresses!
Thanks! I actually used to do sheets like this with a nice (fancy) spreadsheet, snazzy formatting. But then I wised up, and just started doing it on paper. No worries about making things pretty. Just the basics, and it'll get done.
Great write up. I usually get plenty of cardio exercise, but I haven't been doing much strength training, and I know how important that is. So, I'm doing 5 minutes of strength training, every other day. Mostly push-ups, also squats and lunges.
This is how I keep track. I need at least this very basic level of accountability, otherwise I wouldn't keep it up.
Hey, can someone remind me how to set up a bounty, when I post?
I've done it before, but now, looking in the options when I create a post, I don't see anything.
I see Forward Sats, I see Boost, but I don't see a way to create a bounty.
Here's the un-paywalled New York Times article referenced: https://archive.fo/wacCc
Just today I talked to a guy. His daughter does Ironman races, and a good friend of hers, who also raced, came down with heart problems after the jab, and could no longer compete.
Yes, seems like there's a whole world of alternatives like Cashu, liquid, federations, and so forth. I know I'm jumbling things up a bit, but I'm definitely at the beginner stage here.
And that's on top of other actual lightning wallets....