McCoy

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McCoy
npub18y33...x5t7
Bitcoin NOSTR block 768722
NYT Quiet Part Out Loud Geng Ngarmboonanant Managing director at J.P. Morgan Asset Management. He served as a deputy chief of staff to Treasury Secretary Janet Yellen from 2023 to 2025. The views he expresses are his own.
Gold at 32 trillion total value: based on 220,000 metric tonnes of gold above ground, at a USD exchange rate of $4530 Historic average annual production of gold is 3000 metric tonnes per year. This will no doubt trend up if gold keeps riping.
Theoretically : If one takes a good size UTXO (2-3 million sats) and opens up lightening channel. Then spends it down over say 1-2 years on say coffee and beers...... What is the onchain footprint for this? What do chain-analizers see as it is spent down?
The relationship between bitcoin versus regulators / law-enforcement, is far more nuanced than saying: "If somebody does something illegal on Bitcoin, then unbounded criminal liability attaches to everyone who's running a node or mining bitcoin." ?