i’m going to be at the MIT bitcoin expo this weekend (to talk about bitcoin etfs and our dev donation program) who else is coming? would love to meet folks
i find myself trying to post on nostr first as a nod to the network even if i later cross post to X
we put care into designing bitwise’s bitcoin etf donation mechanism features: - *no strings attached* donations - to established non profit orgs rather than individuals to be further arm’s length from devs - three orgs (open sats, brink, hrf) rather than one to reduce bias and increase reach - recurring annual donation tied to 10% of profit of the etf to increase transparency and predictability -long term commitment (10 years) yes you can dunk on it as “wall street money” but not all wall street money is the same and we put effort into reducing potential for harm while still funding devs my view is that every actor benefiting from bitcoin should bias towards funding devs while being mindful of harm donors can create (lmk if bitwise can be doing better here! open to feedback for sure but disagree with the idea that etf profits as a funding source is fundamentally corrupt or bad)
receiving some questions about this. i’m not knowledgeable about the matter since i don’t believe matt is referring to bitwise’s bitcoin etf here. fwiw we’re still very much committed to donating 10% of profits of our bitcoin etf to open source bitcoin devs (via opensats, brink, and hrf) as announced. View quoted note →
is there a zap limit? or just whatever LN liquidity allows?
cannot stop thinking about ecash send help