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100 sats \ 0 replies \ @0330830bf9 8 Nov 2023 \ on: Bakkt to take the Lightning Network mainstream, offering UMA support to clients bitcoin
I'm old enough to remember the original Bakkt hype. Their massive capital raise and partnerships with soybucks and the NASDAQ were a huge win that Bitcoin "needed".
For weeks after their launch, trading volumes were reported on daily as retards saw any negligible increase as a ramp. Well you can infer by now how irrelevant it turned out to be.
The CEO, wife of a NASDAQ guy connected to the state, within months jumped ship to run (failed) for the senate and revealed herself on stage as a total bimbo several times in the process.
Now years later, a worse version of Lightning Address and partnership with Mr. 15k/mo custodial Lightning API (who's simultaneously paralyzed in fixation over fake Israel-Palestine news on twitter) is all of a sudden relevant?
What an absolute clown world.
Say a prayer for the clowns whos capital went into this company and not a real Bitcoin project.