Rusty Russell on Nostr: People keep talking about stable channels. But few people need worry about -10% BTC ...
People keep talking about stable channels. But few people need worry about -10% BTC prices, they worry about -70% prices, which is when they fail. I don't see anyone discussing their service limits here.
They're a great business opportunity: if bitcoin goes up, you profit, if it goes down you declare bankrupcy and start again!
Published at
2024-07-23 00:22:06Event JSON
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"content": "People keep talking about stable channels. But few people need worry about -10% BTC prices, they worry about -70% prices, which is when they fail. I don't see anyone discussing their service limits here.\n\nThey're a great business opportunity: if bitcoin goes up, you profit, if it goes down you declare bankrupcy and start again!",
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