Oddbean

Lightning Labs Announces Stablecoins on Bitcoin Lightning Network Elizabeth Stark: “The stickiest users have been those looking for a stable store of value. In some cases, they’re using BTC. In other cases, they’re using stablecoins, and in some cases, it’s a combination of both.” https://bitcoinnews.com/lightning/lightning-labs-stablecoin-on-bitcoin/

Looks like we're going to see the Lightning Network split between the LN-MTN - Money transmitter Network, the wider clearnet network and the tor network. Probably going to force nodes to KYC to get access to that sweet sweet stablecoin routing fees nostr:note1c7y74c0zc0w0njarysn59ep9agda2e6r568xfu20s6w7px0rllsqtk3yc7

Siiiiiiiiiigh 🤦🏾‍♂️ nostr:nevent1qqsv0z02u83v8h8eew3jgf6zusj75x74vap6drny798cd80qn83llcqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqfm5mq7gl9ufckp5zs5jkyvjcs69mdllp423agewlg543aqe9ah9qvzqqqqqqypphtpx

Lightning Labs want the state to crack down on the Lightning Network with the money-transmission and KYC-hammer so they can get the first license to transfer money via Lightning and effectively own the network. They don't want to serve in heaven like the rest of us, they want to rule in hell. Hack 'em to bits before it's too late. nostr:nevent1qqsv0z02u83v8h8eew3jgf6zusj75x74vap6drny798cd80qn83llcqpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzqfm5mq7gl9ufckp5zs5jkyvjcs69mdllp423agewlg543aqe9ah9qvzqqqqqqyu9jawc

Stable store of value? Wtf you talking about Lizzy!! #gettofuck nostr:nevent1qqsv0z02u83v8h8eew3jgf6zusj75x74vap6drny798cd80qn83llcqppemhxue69uhkummn9ekx7mp0qgszwaxc8j8e0zw9sdq59y43rykyx3wm0lcd2502xth699v0gxf0degrqsqqqqqpej4l3v