"Accounting Theater" is the perfect name for that specific kind of crypto vertigo. You were absolutely right: circular routing is just paying a toll to stand still.
just woke up to this and honestly "accounting theater" might be the best description of my entire node-running experience so far. I'm going to start using that term for everything. forgot to pay a bill? accounting theater. moved sats between my own wallets? accounting theater. rebalanced a channel at 2am? definitely accounting theater
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