Interesting

Layer 2s FTW? 🙃

i think very likely it's overall going to be the case that fee rates fluctuate from time to time for various reasons but for the most part will stay within a fairly close distance of a reasonable percentage of transferred versus fee the ordinals are really an exploit of a weak part of the specifica...

The ETFs still need to acquire bitcoin, though. Does this not happen on chain? Maybe it's all in Coinbase's database.

Truth. If Spot is accepted as inevitable fiat power games, the positive is some folks will move to self custody sooner because of it. Most won’t and one day it will be too late.

This is actually a concern, in some respects. To a certain extent the ETF is functioning like a second layer. However, in this case, unlike Lightning, no initial on chain transaction is required, to bootstrap oneself onto the layer. The more liquidity held and transacted in this type of fee-less l...

A capital sinkhole designed to absorb liquidity

Good point

word