I remembered that your article was one of the few out there that discussed about the “network layering approach” to address the scaling issues of cryptocurrencies, which is the approach of Lightning using bitcoin.
I have been trying out Lightning lately, although only via the custodial way. From what I can understand, it seems like to be able to do self-custody one needs to have some skills involving hardware configuration, some software engineering, and networking.
@BTCsessions
Hi, your YouTube video on #bitcoin #UTXO consolidation was quite informative and insightful, especially now that **a lot** more people will be going into bitcoin due to the #bitcoinETF approval. It should be a *rule of thumb*, or until the economics of the bitcoin blockchain changes, "to avoid creating a UTXO => 5,000 sats".
Aside from the financial implications stemming from the #bitcoinETF approval by the US #SEC, that this in effect makes #bitcoin legal, right? This means that they cannot "outlaw" $BTC itself? In the case of *cash*, cash per se is not "illegal", but the acts involving cash can be illegal, right? #KYC #AML
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