Jestopher

Stop procrastinating #memes #funny

Lightning is not a new token. Lightning is a contract to negotiate bitcoin payments. Bitcoin is locked and bitcoin payout transactions are signed and shared (but not broadcasted) with every lightning transaction. Lightning uses the bitcoin protocol for contract enforcement. #lightningnetwork

2026 will be massive for bitcoin and @Amboss will be at the epicenter of its proliferation as a medium of exchange on lightning. I am so excited to bring the culmination of innovations and products to life next year. Massive year ahead.

Everyone saw the headline: Fed cuts rates another 0.25%. The part almost nobody is talking about is way bigger. The Fed just officially ended quantitative tightening and is now buying ~$40–45 billion of Treasury bills every month to stop bank reserves from collapsing. They also left the Standing Repo Facility wide open with a $500 billion cap. Meaning: if banks suddenly need cash overnight, the Fed will hand it out with no real limit. Translation: the Fed is once again pumping new liquidity into the system to keep the financial plumbing from freezing up. It’s not called QE, but it walks and quacks like easing. Result? Stocks, real estate, crypto (anything the wealthy already own) get another tailwind. Wages and everyday goods? Not so much. If they didn’t do this, reserves would keep draining, money markets would seize, and we’d actually see deflationary pressure. Deflation sounds great until you realize it would make the $36 trillion national debt mathematically impossible to service (interest payments already eat ~20% of all federal revenue). So the Fed will never let real deflation happen. The quiet takeaway from yesterday’s meeting: the money printer is back on — just with a slightly different name this time.

While liquidity remains tight at the Fed, we've made liquidity very "accommodative" on the lightning network with @Amboss Magma. This brings our payment processing target rate to 0.2% which supports real economic growth with efficient payments within the Bitcoin sector.

Stay safe out there #memes #funny

I do love trains View quoted note →