Whatever it was, they garnered attention masterfully. I couldn’t even avoid the fight in an airport. At least one phone watching within a ten foot radius at all times. I’m flying red eye so this isn’t a busy situation. Don’t complain, study. GN
That marketing departments work in the short term? Doesn’t matter long term IMO, these VC expenses eventually need to be paid back and it always results in the same shit that made them leave X or whatever in the first place. Keep on building.
Business is hard. Especially something effectively commoditized (i.e. basically anything open source). People make money in commoditized businesses all the time through other competitive advantages. Like a brand advantage for example, which they’ve effectively fucked up here.
Custodial layer 2 on lightning, if there’s enough competition, will likely always allow you to withdraw and self custody your savings… even if there’s a premium to that feature, the market will pay and companies respond accordingly to profit motives. My hopes anyway. Cheers
No kidding, I think it’s generally correct though that most people will not operate their own lightning channels as unfortunate as that may seem. I’m providing an optimistic market view that this won’t be all Orwellian due to market forces
Purchasing power matters, but this isn’t the same thing as price in dollars. Correlated for now, sure… but even on a Bitcoin standard we would expect deflation / increase in purchasing power as innovations stack up and is more fairly distributed
rumor is 100k, worst case tho all the male bitcoiners doing pushups will have full breasts already and can take care of themselves while squinting in the mirror
Notes by EricFJ | export