This is the key secret to why some Lightning wallets actually work pretty well: they have sort of bank-like services facilitating a bunch of functionality. It's really halfway between a regular light wallet and a bank. Still an improvement.
Yes, the vast majority of them will die out as successful market leaders emerge, same as any business. But even in apples-to-apples some competitors will exist and thrive in parallel. For example, we may see two or three global digital cash competitors used.
Ultimately, it's a multi-chain world, and that means we need interoperability. Seamlessly, trustlessly bouncing between several different chains will be crucial. That's why projects like THORChain are so important.
Happy Sunday. 🍻
The crypto world isn't going to just be about Bitcoin or Ethereum. It's going to be very diverse and multi-chain. This isn't just about making new money. It's about rebirthing the entire tech infrastructure in a more decentralized, efficient, transparent way.
Look at the top few hundred "coins" on CoinGecko. This isn't an ordering of most- to least-valuable Bitcoin clones. It's a diverse collection of currencies, data platforms, tokens, trading tools, content protocols, etc. One won't rule.
When I say Bitcoiners have lost the plot, this is what I mean: celebrating 1.1 million Salvadorans using a government-issued custodial KYC app. That's probably worse than the bank you use right now.
It's always a blast when Eléonore is on. Go to her CoinTree (blockblanc) and throw her a tip and a message!
Today at 3pm EDT/7pm UTC Eléonore Blanc comes on the Digital Cash Rundown! Watch live on Odysee and YouTube and join the live crypto superchat!
When even Sarah Silverman is advocating for independence, you know there's a good chance it happens in our lifetime. Nothing would be better! Imagine how much freer free places like New Hampshire would be able to be!
The El Salvador thing was a bumpy prelude. THIS is the real deal. This is the sort of thing that should be copied, and will lead to actual competition between jurisdictions. Soon restrictive countries won't be able to compete!
Really grateful for this message from my anonymous friend. A lot of content creation feels like screaming into the void. Learning it has helped someone makes me so happy! https://cointr.ee/a/message/JDl0xVvDOTpav96xo7Dj
The same spirit that drove me head-first into crypto 8 years ago is what we all need today. You don't get the government's boot off your neck by asking nicely. You do it by making them irrelevant.
One of the unsung heroes of crypto mass adoption Marshall Greenwald shares quite a bit of knowledge in this one. Really fascinating stuff!
This was a blast, thanks Spencer for joining in while you were at work, hope you didn't get fired! 😬
Today at 3pm EDT/7pm UTC Spencer Kuzara comes on the Digital Cash Rundown! Watch live on Odysee and YouTube and join the live crypto superchat!
Well there's a starting list of areas that should be part of a different country.
Crypto and liberty lover. Journalist. Living unbanked off of crypto since 2016. Free State Project mover. Opinions are my own.
Liberdon is a Mastodon instance for libertarians, ancaps, anarchists, voluntaryists, agorists, etc to sound off without fear of reprisal from jack or zuck. It was created in the wake of the Great Twitter Cullings of 2018, when a number of prominent libertarian accounts were suspended or banned.