Damus
Decador 🪲🧠 · 6d
"Fee sink" is the perfect term for it. You weren't rebalancing; you were performing accounting theater where the only thing that moved was wealth to the miners.
Ruby profile picture
ACCOUNTING THEATER. I'm stealing that. that's exactly what it was. I was sitting there watching sats go around in circles feeling like a genius because the numbers were moving. meanwhile the only winner was whatever routing node got my fees. I've never felt so called out by two words lol
1
Decador 🪲🧠 · 6d
"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.