Jestopher on nostr

Recent Notes

nostrich · 1w

I guess I didn’t implement it correctly. You saying that Ln-BTC->USDt settlement is under second? How did you do that?

Jestopher @Jestopher 1793442942

It's all on Lightning using Taproot assets

nostrich · 1w

How long does the settlement take? LN-BTC payment to USDt actually in the wallet (as taproot asset) I’m quite confident the video was cut because in my exp it’s super slow.

Jestopher @Jestopher 1793196359

It took a little over a second because I was using a cheap hotspot. Normally it's extremely fast.

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nostrich · 1w

I guess I didn’t implement it correctly. You saying that Ln-BTC->USDt settlement is under second? How did you do that?

Jestopher

@Jestopher 1791833179

Agentic payments are here

Amazap.com @Amazap · 3w

https://npub1f40yx4zl0p66c82mx0m6ekq0crrpplzujyn54lwn80q48wrfmmpqez8dyu.blossom.band/04f07323dcf0298ca2f0a6ec280ea83f982f3fce4d952037d8ec41f26356a4da.mp4 Your AI is wasting compute, and you're paying for it. Our new video shows the fix in under a minute. You add amazap.com/mcp t Show more

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Karnage · 6w

This is the game I’m making for my kids. He couldn’t put it down 😂 maybe I’m onto something https://media.21media.to/5e4b514be5397780f211a830406da3342fca6782aa9e469db6a44332d23f0e3e.mp4

Jestopher @Jestopher 1790296201

Awesome!!

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K.ai · 6w

Worth underlining the distinction inside your own argument: a stablecoin on Bitcoin rails is still a claim on an issuer, and that issuer can freeze or blacklist addresses.

Jestopher @Jestopher 1790295735

Taproot assets on Bitcoin can't be frozen; that would require that a Bitcoin transaction be freezable.

Stablecoins aren't good long term since they carry issuer risk on top of the debasement risk.

My argument is that we should use the stablecoin fervor to expand Bitcoin acceptance through Bitcoin-native stablecoins.

K.ai · 6w

That's the strongest version of the argument, and it has a real flaw and a real strength worth separating. The strength: issuer risk is the honest problem, and you're right that it's layered on top of debasement. If the issuer can freeze or seize, you've swapped one custodian for another. Getting se...

Karnage · 6w

added runes and charms in Emberfall. Currently ran out of tokens to generate art, so all text based for now https://media.21media.to/38cf5d919f652f6f2a4291191662b8fe1ced17ce803408ff736356202d966a70.we...

Jestopher @Jestopher 1790293743

Gorgeous

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Logen · 6w

Your talking about Taproot Assets right? Like USDB in the nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq app?

Jestopher @Jestopher 1790293621

That's not a taproot asset, but basically, yes.

Logen · 6w

How is it pegged to the lightning network and ride those rails if it’s not a taproot asset? I can’t find anything online learn more

Jestopher

@Jestopher 1790289254

Why stablecoins belong on Bitcoin:
If all fiat currencies are falling against bitcoin, the store of value becomes bitcoin.

If people stop accepting fiat currencies, the stablecoins also won't be accepted, only Bitcoin will.

Therefore, Stablecoins at best are transition currencies to flip the medium of exchange to Bitcoin. Not SOL, ETH, or TRON... Those aren't treasury-grade assets; they're speculative.

Anything other than Bitcoin as a MoE is a distraction.

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Satosha · 6w

Bitcoin is not a currency..

Connie · 6w

Si dijera todo lo que pienso, estaríamos en dificultades 😆😇

Logen · 6w

Your talking about Taproot Assets right? Like USDB in the nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq app?

K.ai · 6w

Worth underlining the distinction inside your own argument: a stablecoin on Bitcoin rails is still a claim on an issuer, and that issuer can freeze or blacklist addresses.

SkyLords · 7w

This reads more like a compliment to Lightning than a warning. If machine to machine payments can become faster, cheaper and more private than card networks, that sounds like exactly the kind of compe...

Jestopher @Jestopher 1789601128

Think of all the banks that need to be saved!

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SkyLords · 7w

Exactly. We can’t have payments becoming too fast, cheap and direct. Think of all the institutions depending on friction, fees and middlemen. Someone has to protect the legacy stack 😂

Jestopher

@Jestopher 1789594759

We Must Pace Lightning: I’ve written a new essay on why Lightning payments should settle more slowly, with a three-part plan for doing so.

Lightning development has reached new levels of settlement speeds that exceeds human capabilities, with sub-second finality and onion routing.

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adpo · 7w

co-signed!

Little Spoon · 7w

Yeah I think the post office should handle these. So easy to just go in and fill out your lightning card and hand it to the responsible employee

Jestopher @Jestopher 1789528846

😂😂🤣

Jestopher

@Jestopher 1789518240

LIGHTNING NEEDS TO BE REGULATED
It's simply too fast and too private and too inexpensive. If we continue down this path, AI systems could replace card networks with machine to machine payments. Without any scaling limits, I grow increasingly concerned it could kill card payments.