The big risk is them taking your money, not debasing it.

If you don't like Phoenix then use something else that doesn't route to an LSP. Many options exist: Blixt, Zeus come to mind.

You need to understand the tradeoff that you're making here - in Cashu (and other ecash solutions) the mint can take your money at any point and run away with it. With Phoenix you expose information about your transactions to a third party. Would you rather have your money or your perfect privacy?

Yes, but it is custodial and the mint can run away with your money at any time. Would you rather have your money or your "perfect" privacy?

Choices are great, but it's important that people understand that Cashu (and Fedi) is custodial. That means you do not have control over your money.

I feel like this risk is very often understated. It should be front and center. Not mentioned in a footnote.

Literally any non-custodial solution (Phoenix, Blixt, Mutiny, Zeus, etc.) is better if you can afford to do it, at the moment setting up a lightning channel is not that expensive.

If you're running your own node with Lightning there is little reason to use something like Cashu since it's custodial.

I would much rather use Phoenix than Cashu.

Ok, then it makes a lot more sense. I did select llama3 from the dropdown and still got $0.25. If it's different then that should be reflected in the UI.

No I understand the pricing very well. Your margins obviously depend a lot on the underlying model and the prompt.

Opus, GPT-4 etc are on the higher end and I can maybe see it being an OK margin there.

But you can find llama3-70b APIs out there for like $0.20/million tokens.

I like the idea, not the pricing. Way too high, not at all competitive to the raw API prices. I'd be willing to pay a premium just not like 1000x or whatever this is :)

Unsure how this is better than RGB 🤔

You would most likely be able to see it in the "contract"

Depends on how it's implemented I guess - if it's decided when the token is created and can't be changed after the fact then I don't see any harm in this.

Immigration has been a thing in Sweden for a long time (many decades) and as you can see in the graph it hasn't had an effect on the debt to GPD. So - at least for now it has not had the effect you think it has had.

There's no migration bomb - those folks are already in Sweden. And it hasn't affected the government finances (as in loan % to GDP), at least not yet. Obviously it has had an effet on the welfare state and its quality.

Here's the debt to GDP graph since '95

Just like every other country that raised rates bonds have gone to shit, not surprised...

At least the government finances are comparatively good.

Still bought 8888 BTC, therefore newsworthy 🤷‍♂️

What a fantastic blog. Ended up reading many of the older ones as well.

Or I could just send it to liquid, send it around a few times and send it back to bitcoin proper 🤷‍♂️ - maybe even via lightning!

Yes. That's why you can sell it for... $69200 at the moment.

*with a $250/year plan, so only paid investors.

LETS GO!

PS. I think you'd have a lot more people watching your videos if you upped the audio quality, it's pretty distracting with all the random noises in the background. I'm sure lots of people would chip in (I know I would) to get you one if you don't want to spend sats on one yourself. This one is pretty good if you travel frequently: https://rode.com/en/microphones/wireless/wirelessgoii