Damus
Open in Damus
Mindaugas profile picture
Mindaugas
@raudaviciusm

Building software in fintech | Bitcoin and Lightning Network | Exploring the future of finance

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[email protected]lnurl
Relays (10)
  • wss://relay.damus.io – read & write
  • wss://brb.io – read & write
  • wss://nostr.wine – read & write
  • wss://relay.nostr.bg – read & write
  • wss://nostr.rocks – read & write
  • wss://relay.r3d.red – read & write
  • wss://astral.ninja – read & write
  • wss://nostr.v0l.io – read & write
  • wss://eden.nostr.land – read & write
  • wss://relay.getalby.com/v1 – read & write

Recent Notes

Mindaugas profile picture
It feels like people think they need to build something in Bitcoin to contribute. But you can do anything useful - just accept Bitcoin.

Building circular economies is just as important for Bitcoin’s success as building tech.
💯1
Matt Corallo · 55w
This neither increases privacy nor simplifies accounting. nostr:note1mp82734y7uq3rtmact48e83fns0yexvy2jdfn7sce85c3an2a2rqedvq26
 Mindaugas profile picture
Mindaugas @raudaviciusm
I see the benefits of ecash in some contexts, but for mining payouts specifically, wouldn’t an LN setup with blinded paths or reusable payment codes already solve a lot of these concerns? Miners running rigs can surely operate an LN node and keep it always online, making payouts private without needing to change the payout scheme entirely. Curious if I’m missing something here.
🤙1
Mindaugas profile picture
Altcoin projects are disrespecting VCs these days - they don’t even try anymore. Just speed up blocks to 400ms, slap on a “proof of something” buzzword, and ride the hype cycle.
❤️1
Mindaugas profile picture
The only on-chain transactions I make these days are for opening or closing #Lightning channels. Why? It lets me spend my balance in many small, cheap transactions later, improves privacy, and also gives me tons of inbound liquidity!
❤️2
Brad Mills · 55w
Thanks bro
Mindaugas profile picture
Think from first principles. Focus on the foundation.

In the long run, X won’t work, neither will central banking.

Use #Bitcoin for money, #Nostr for the free flow of information.

Appreciate everyone building important things.