Private banks over The Lightning Network
How to manage a #Bitcoin LN routing node for a more private use as an "Uncle Jim" Bank for yourself, for your friends and family
Liana Wallet
A secure #Bitcoin wallet designed for peace of mind
Whether you are saving for the long term, protecting family funds, or securing business assets, Liana gives you full control, no matter what.
Over $200 MILLION #Bitcoin and crypto longs liquidated in under 60 minutes earlier today as Bitcoin approached 100k
That's why you don't gamble, you just HODL and buy the dips
The ONE anti-bitcoin talking point that really irks me and needs to be addressed
There's one particular argument that really, really irks me, because it displays such a profound example of recency bias that needs to be addressed.
The argument is:
Referring to 'money' as 'just currency', and that "you don't store value in currency, you store value in assets".
This is of course, the argument used to defend the fact that dollars absolutely melt their value away, and recently at record pace.
Calling money 'just currency' and insisting you must store value elsewhere is not wisdom. It’s capitulation. It's COPE.
Money is not "just currency". Currency is the carrier of money. If the carrier reliably leaks value, it’s bad money, not a redefinition of money’s purpose.
This IS NOT normal, this IS NOT how money has ever functioned, this IS absolute blinders to the reality of the situation.
The idea that 'money is for spending, assets are for saving' didn’t arise from markets. It arose from money that literally stopped doing its job as money.
You have not changed the idea or fact of money by changing the story of money to make it fit our broken system.
How money normally worked (for most of human history)
From shells to silver to gold to gold-backed notes, societies converged on scarce, hard to inflate MEDIUMS because they solved two timeless problems:
Intertemporal trust: You could push purchasing power through time with minimal leakage.
Coordination: Prices reflected real tradeoffs rather than political convenience.
That’s why gold/silver standards (and other commodity monies) kept savings and spending inside the same instrument. You didn’t NEED a brokerage account to tread water.
In fact, many times that the money BROKE was because it was easy to inflate! Thus it lost one of the core ideas that literally made it MONEY.
"Holding money" and "Saving" were synonyms.
Enough of this backwards ass retro-rationalization of melting money. It's extremely short sighted, and flat out wrong. Capitulation to central bankers and flat out monetary debasement to enrich the few at the expense of the many.
-- d8_thc
“#Bitcoin reached a new all time high, but it feels strangely quiet, There’s no retail hype or FOMO this time, It shows that this run is driven mostly by real spot buying and institutions, which makes it stronger and more stable.”
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