I’m jealous, I wish such a pizza shop was located near me. Of course, there is a small amount of Bitcoin flow. I pay my barber in BTC whenever I get my haircut, but I don’t have many other local opportunities to spend my sats.

The growth of business adoption is so tiny, I suspect business adoption will remain under 2% for the next decade unless something very extreme happens, e.g. all oil out of Hormuz must be paid for in BTC, or Federal Reserve starts accumulating BTC, or major utility corporation adopts Bitcoin and provides a discount to customers who pay their electric bill with BTC, etc etc.

Even if none of those things happen, 2% business adoption by 2036 is still excellent progress if the time horizon of this project is 1000+ years.

What is wisp?

People who HODL Bitcoin are also likely to be frugal. They are not likely to drive to a coffee shop and pay 6000 sats for a cup of coffee, merely because the coffee shop has a Square terminal and can thus accept BTC payment, when they can just make the coffee at home.

I am once again suggesting that Bitcoin circular economies can be super-catalyzed if utilities corporations begin accepting BTC as payment for electricity, as almost every business uses electricity as an input cost to their business. If there is practically zero B2B flow of Bitcoin then there is also likely to be very little C2B Bitcoin payments.

Average fees, priced in sats, will continue to trend down, because sats are truly scarce, while energy and knowledge are both increasingly more abundant.

The price of all things—things that are quite stable in quality, like commodities, or well-defined and standardized services—will trend down when denominated in sats. This includes the fee attached to the transaction of sats.

Okay, I’ll try to remember to do that next time it happens. Thanks.

Can you guys fix the stability of connections to remote nodes? Seems like almost every time I connect to one of my nodes, I get a connection error after a few minutes and I have to restart the app. It happens even if I’m connecting over LAN.

I think gold hit its 2020s peak, and it’s just gonna go down from here. A 220% premium above cost-of-production is ridiculously high in a modern, global, efficient market. Unless inflation really starts to rip higher, I expect gold to descend to $3000-$3500 range within 5 years.

Never heard of hybrid Lightning address. Is that somehow an LNURL address combined with BOLT12 address, so that the payment can be completed using either method?

Timestamp?