werd / Drew is on Nostr

Exploring new opportunities

Former treasury and payments at kraken.com and Deutsche Bank

Last Notes

2025-04-20 14:22:09

hallelujah anyway 🙏
https://youtu.be/hvZh6R2md1c

2025-04-16 12:48:43

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hell yeh new meaning to trick tips for sure, keep shredding!

2025-04-13 22:31:34

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starting to get fomo if has ethernet

2025-04-13 22:00:52

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“Leveraged Empire” crazy that is articulated by AI, succinct

2025-04-13 19:04:57

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thought provoking piece, I think a new parallel gross and net settlement network will form with main chain lightning, ecash and hopefully a temporary bridge with fiat through atomic swaps as theorized
with regard to VISA and other card networks its important to note these entities take on enormous risk of consumer charge back protections justifying some costs however in my experience with the interchange fees they are exorbitant to pass onto consumers and represent real need for improvement in the system, lightning and ecash pro probably contain a more elegant and cheaper solution
most global capital flows in trade, FDI, securities settlement, payroll etc still operate on central bank clearing, cross boarder and local paymen systems. We need to reimagine ways to bring these high value (non-consumer) flows into Bitcoin settlement systems
stable coins have had one critical function though at least historically - arbitraging the Bitcoin price between exchanges globally, avoiding SWIFT rails
this concept of "sable balances" is an interesting fait-less way of handling settlement too and could been round about way avoiding the banking cartels

2025-04-13 16:51:37

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this is possible but more global enterprise flows need to be redirected through the lightning network. These flows are completely dominated by money center banks and thier correspondent banking monopolies but cost savings might be there if you can create a solution that route around it completely or replaces some critical part of it such as the message passing systems like SWIFT
a start might be niche small business supplier finance type flows where supplier and buyer-producer can continuously update their side of the channel based on agreed terms. there's always this float stuck in the. existing banking rails
another area of large global capital flow is foreign direct investment
idle capital from side lined bitcoin just sitting around in cold storage could be could be utilized as a pose to bank lenders in the middle. requires a deep reimagining the current structure

2025-04-13 16:17:13

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the efficiency gained from the overall netting effect of pay joins should be emphasized more so than privacy. Privacy is direct byproduct but waving that banner exclusively just draws to much attention before it can proliferate especially at exchanges that struggle with regulatory nonsense

2025-04-11 21:06:00

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Great stuff ⚡️

2025-04-10 23:20:57

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Send me nuts!

2025-03-30 01:14:59

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And to fool investors in justifying the enormous cash burn

2025-02-14 15:59:39

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Thanks @nprofile…rvcc @nprofile…0yyu very helpful well done
Incidentally that exact topic about decay of notes across relays is discussed in this latest pod with @nprofile…zslp 😎
https://fountain.fm/clip/7Tg9s8nJwUer4rwYtwLM