Monthly Archives: March 2023

c= to Provide Lightning Network Infrastructure with Block’s Bitcoin Treasury

20. March 2023Allgemeinadmin

• TBD, a subsidiary of Jack Dorsey’s Block, has announced a new Lightning Network business called c=.
• The purpose of the company is to provide infrastructure using bitcoin from Block’s treasury to make bitcoin’s Lightning Network more usable and reliable for developers, businesses and users.
• c= will build infrastructure and provide liquidity to enable transactions, collaborate with developers and offer APIs and services.

TBD Announces New Business: c=

TBD, a Bitcoin-focused subsidiary of Jack Dorsey’s Block, has announced a new Lightning Network business called c=. The purpose of the company is to “provide infrastructure using bitcoin from Block’s treasury to make bitcoin’s Lightning Network more usable and reliable for developers, businesses (such as merchants that accept Lightning payments), and those businesses’ end consumers,” according to a press release sent to Bitcoin Magazine.

Purpose of Company

The release explains that the Lightning Network is still growing, and that transactions often fail due to liquidity shortfalls. In order to address that, “c= will build infrastructure using the bitcoin it is committing to the network so that businesses and wallets can make their Lightning transactions more reliable and dependable.”

Services Offered

For Lightning node operators, c= states that it will provide liquidity to enable transactions and “collaborate with developers to provide more efficient routing and liquidity to node operators via APIs and services.” Nick Slaney, lead at c= told Bitcoin Magazine “We’re excited to use the bitcoin in our treasury to grow the Lightning Network and our company in a mutually beneficial way.”

Background Information

In 2022 when Square was renamed into Block Mike Brock explained how TBD’s mission was “to bridge the old with the new … We are building a new open-source company from the ground up focused on open protocols and open standards that all participants in economy can benefit from”. Since then they have explored Bitcoin-based decentralized web services including DIDs (decentralized identifiers), decentralized web nodes etc. Now they have entered into Bitcoin’s second layer scaling protocol which means they have major presence in Lightning Infrastructure.

Conclusion

This move by TBD will help increase usage of Lightning Networks as it provides many useful services like providing liquidity enabling transactions or collaborating with developers via APIs among others. This could be very helpful for businesses or individuals running a lightning node who can gain efficiencies without relying on intermediaries

Bitcoin Fixes the Inefficiencies of Our Coercive Fiat System

11. March 2023Allgemeinadmin

• Tim Niemeyer is an elementary school teacher and co-host of the Lincolnland Bitcoin Meetup. He has developed a unique perspective on how our coercive fiat monetary system incentivizes less-than-optimal decision making and substandard relational habits.
• He believes that Bitcoin fixes these issues by providing sound money that is not controlled by the whims of those in power.
• He also observes that helicopter parenting is a result of living in a fiat system, as it allows humans to impose their morals onto the money supply.

My Perspective as an Educator

I’m a teacher by day and a passionate Bitcoiner by night. Teaching elementary music has helped me develop a deeper appreciation for both passions, while my experience with Bitcoin has given me insight into the educational system. I firmly believe that living in a fiat monetary system incentivizes less-than-optimal decision making and substandard relational habits, while Bitcoin can fix these issues by providing sound money that is not controlled by any one person or group.

The Emergence of Helicopter Parents

In my almost two decades as an educator, I have noticed the emergence of helicopter parents. WebMD lists signs such as fighting battles for their child, doing schoolwork for them, coaching their coaches, keeping them on short leashes, playing it too safe and not letting them fail – all behaviors which are likely caused by living in a coercive fiat monetary system which encourages high time preference actions from its participants. Despite this, I still believe most parents are good people who simply don’t see the long-term benefits of sound money outside of politics or special interests groups.

The Effects on Education

These behaviors have had serious repercussions on education; from micromanaging children’s homework and activities to pressuring teachers to give higher grades than they should be awarded – it’s clear that something needs to change if we want to ensure students receive quality instruction and guidance during their formative years. Unfortunately, too often students are being treated like commodities instead of individuals with unique goals and aspirations; this further reinforces the idea that education is only seen as valuable when it brings immediate rewards rather than striving for long term success or personal growth gained through failure or adversity.

What Can We Do?

It’s important to be aware that choosing red or blue won’t provide systemic change due to our current political structure – what we need instead is real solutions outside of this binary paradigm which will allow us to create lasting positive change without compromising individual freedoms or liberties. Enter Bitcoin: A decentralized digital currency with no central authority which offers sound money backed up by math rather than governments or politicians – something which could potentially revolutionize our current educational infrastructure and provide more equitable opportunities for everyone regardless of class or privilege levels!

Conclusion

In conclusion, I believe our current monetary system creates incentives which lead to subpar decision making and detrimental behaviors; however, adopting technologies like Bitcoin can help us break away from these limitations while fostering more equitable conditions within society at large! Additionally, understanding how economics affects our everyday lives can go along way towards creating meaningful solutions for the future – so let’s start talking about how we can use cryptocurrency (and other emerging techs) responsibly today!

Investing Wisely: Bitcoin and Talmudic Teachings

3. March 2023Allgemeinadmin

• The article examines the idea of allocating one’s wealth into three parts, based on Talmudic teachings.
• It suggests that dividing funds into land, cash on hand and risky assets is a wise investment strategy.
• The author illustrates how this strategy can be successfully implemented in our modern world with Bitcoin.

The Talmudic Approach to Investment

The article examines the idea of allocating one’s wealth into three parts, based on Talmudic teachings. The Gemara, a part of the Talmud provides investment advice which states that investments should be divided in thirds: a third in land, a third in merchandise and a third ready to hand. This would create a diversified portfolio and is seen as an effective way to protect one’s wealth and increase their long-term returns.

Modern Application Of Ancient Wisdom

The author suggests that while these ancient strategies may seem outdated or irrelevant today, they can still offer valuable insight when it comes to investing. He reflects upon how Bitcoin might even be backed by these same Talmudic teachings and implies that it could be used as part of this traditional Jewish investment portfolio today.

Real Estate: A Stable Portion Of Your Portfolio

Land or any other type of real estate is considered to be an ideal source for wealth preservation due its stability and growth potential. According to estimates from 2022-2031, real estate markets are expected to grow at a 10.7% compound annual growth rate – making it an attractive option for investors looking for stability over time.

Cryptocurrency As A Risky Asset

Bitcoin has become increasingly popular amongst investors as its value has skyrocketed over the last few years – resulting in many people turning to cryptocurrencies as a risky asset within their portfolios. Despite its volatility compared to other assets such as real estate, cryptocurrency still offers significant opportunities for those who want higher returns over the long run while taking calculated risks with their investments

Conclusion

This article explores how ancient wisdom found in the Talmud can still be applied today when managing your finances – specifically through diversifying your assets into thirds between land/real estate, cash on hand and risky assets such as cryptocurrency which offer higher returns but also come with more risk attached. By utilizing this strategy alongside modern technology like Bitcoin, you can maximize your profits while minimizing your losses over time!