This will be a blast to use not to mention all of the other features you guys have implemented. Excited to try it out
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Just raised and formulated a company around this for me, Ben Carman, and Paul Miller to focus on this full time going forward! Happy to answer any questions about it and what we plan on doing.
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168 sats \ 0 replies \ @kr 5 Apr 2023
Congrats on the raise, excited to follow along!
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Good post my guy
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I wish you guys ultimate ease in growing your team. So many good reasons to work on Mutiny ⛵️
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Looks very nice!
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Watched the video done at pleblab. Congrats on the raise!
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Congratulations! This is very good to hear.
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Tried it out works great. Using from browser version. I like the fact that it shows how much inbound and outbound liquidity available cool features. Clean, excellent job Tony !
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Thank you for that feedback!
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Why aren't things built on top of one another? Do we really need another bitcoin wallet? I can count at least 5 bitcoin wallets that are great but as any good project, they need more development and manpower to keep on. This baffles me, I may not know much about what devs do, but I can for certain tell you what people are looking for on a wallet: it's something where you can store money and it needs only 2 options in and out. Nobody wants to know anything about channels, coinjoin, DLC, or any other super dooper special feature. Outside nerd world, nobody cares about those things, they are too busy with their own jobs and worries to even try to understand that. That's my 2 sats, but what do I know?
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So you only use the bitcoin core wallet? Do you also only use MySpace for social media or hacker news for latest news? How do you think the "5 bitcoin wallets that are great" got to where they are today? By locking themselves to someone else's wallet that was built years prior?
There's also no intention for users to know any of the things you described with us as well, so bad example. They also don't need to know about raise announcements or the team behind it either... that's there to describe how we are tackling the problems we are.
Nothing breakthrough ever gets built by constraining yourself to the old. There's been huge progress in development kits in recent years that would just be unfeasible for existing wallets to adopt. Its a simple fact that it's far easier to start from scratch to build a new design than to swap out the base foundation.
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Nobody wants to know anything about channels, coinjoin, DLC, or any other super dooper special feature.
I want to know.
Different wallets for different users 'n stuff.
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Love it. Web-based wallet is important option if app stores start censoring wallet apps.
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Synthetic dollars via DLCs: Lock up your bitcoin in contracts and obtain a stable dollar value.
You've just killed me with that. Guys... we are in this shit to destroy the whole idea of dollars and fiat currencies. Maybe even in few years will not even exist, so the whole idea of DLC is useless. Stablecoins are just a crap reminiscence of fiat money. Please stop this bullshit. The future is Bitcoin only, not crap stablecoins...
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Personally I probably won't use the stablecoin aspect but there is a lot of demand for this in parts of the world where they can't eat bitcoin volatility.
If you don't want the stablecoin part that's fine, it'll lay the ground work for us to build a DLC market that is usable for anything (permission less betting markets)
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fair enough
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idea of DLC is useless
Go educate yourself on what DLCs are. It does not end at our plans to have a trustless contract for difference in fiat terms. It will set the foundation for all DLC related technology that anyone can set terms for beyond currency pricing.
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Anything related to a fiat currency or value will be useless. Is like always going back to fiat, never get rid of it. If you want to live forever in fiat world (slavery), go ahead. But I will not.
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Totally agree! What is this micro trend to mix fiat with Bitcoin?? Like really?! Fiat is antithetical to Bitcoin. Any project with fiat integration (real or a representation of it - no matter how it is technologically sliced) puts the organization and or the user in the jurisdiction of the government that owns the fiat. It is still slave behavior.
Don't get me wrong, innovation is still hyper important in this community, so I appreciate the effort, but we all have to be extremely toxic against fiat or it's equivalent even if it is a "representation." Always always stay toxic, my friends.
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There's no fiat ownership here. It's a speculative bet by two users on the price of bitcoin backed 100% by a contract enforced on chain.
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I was watching some of the video on SATSx. Great job! I hear ya on how it is by the initiation of two people in the private that makes this work (The DLCs). As DLCs can be anything in which the two parties wish to bet on. So, this seems to be a good way of getting "stabilization" without a shitcoin.
I still see this as eventually unnecessary (and still "advertising" fiat) as Bitcoin continues to deflate itself over time. This will make Bitcoin gain more and more spending power over time and "fluctuations" in spending power will be almost irrelevant.
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DLCs are more than just stable coins.
DLCs are essentially a 2-of-3 multisig where one party can attest to a certain outcome. In this case it's being used for some sort of synthetic stablecoin, but it could be used for other things like betting on outcomes (sports, derivatives, etc).
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I know what DLC are. My point is why we have to always go back to "dollars" (in whatever form or expression), when we just have to use sats.
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Because not everyone is you and not every use case is yours. People in third world countries or otherwise extreme circumstances can't afford to lose 80 percent of their purchasing power to Bitcoin volatility. You don't get to your utopian future without connecting all the dots to get there. HODLing is a truly privileged, elite position to be in.
Only a sith deals in absolutes, remember?
Oh wait, you call yourself DarthCoin... nevermind
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Darth is not a sith. Darth is the balance. You need to know more about star wars saga to understand this.
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Oh, interesting, I didn't know that!
I have only watched like one star wars movie maybe.
That statement may have sparked my interest high enough such that I will definitely watch all star war movies.
Or are there some which are irrelevant?
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Many viewers of Star Wars saga, think that Darth Vader was the “bad guy”.
I suggest to all watching again the whole series and focus on all Vader’s actions and words. He was actually The Balance into The Force, he was forced to join (briefly) with Emperor Palpatine, in order to bring down the Empire. His main goal was peace and be with Amidala… he knew also about the “other side” of the Jedi.
The Jedi and The Sith are just the today’s “left and right” political sides.
Darth Vader wanted Luke to join him into bringing down both sides and finally have the balance into The Force. Think again why Luke Skywalker after Vader’s death decided to isolate himself. He realized the mistake he did.
Find the balance!
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I always found it weird how Obi-Wan Kenobi said:
You were the Chosen One! It was said that you would destroy the Sith, not join them! Bring balance to the Force, not leave it in darkness!
As far as I understand, no one said he would destroy the Sith. It was only said that he would "bring balance to the Force", right?
Even with my little knowledge I could tell that Anakin joining the Sith and becoming Darth Vader does not mean that the prophecy was broken.
So much to Jedi wisdom, lol
Will definitely watch the Star Wars saga now when I have time!
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Self-custodial. I like that way better than the somewhat misleading "non-custodial"
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So what sets this apart?
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