Bitcoin Marley
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Bitcoin Marley
@bitcoin_marley
Self-Custody Your Money's Metadata.
OWEN GUNDEN HAS NOW SOLD ALL OF HIS $1.3 BILLION BITCOIN Owen Gunden was an OG Bitcoin whale who held BTC since 2011. Since late October he has sold 11K BTC worth $1.3 billion. He has just transferred $230M of BTC to Kraken, marking his final sale.
Lightning was never about scaling. It was about avoiding reality. A system built on the idea that you can move risk off-chain by pretending trust doesn’t exist. It works, yes—but only when no one uses it. As soon as it scales, the fantasy collapses. Liquidity dries up, routes fail, and payments hang because someone, somewhere, didn’t have inbound capacity. The network becomes a web of locked capital, every transaction dragging a chain of costs behind it. When the whitepaper was published in 2015, Poon and Dryja admitted the flaw. The system depends on pre-funded channels—money frozen in pipes, earning nothing. In practice, only large custodial hubs can afford to keep those channels open, meaning Lightning centralises faster than the system it claims to replace. Users migrate to these hubs for reliability, surrendering control and recreating the very intermediaries Bitcoin was designed to eliminate. At scale, the myth of “cheap payments” disintegrates. Rebalancing, failed routes, HTLC limits, and on/off-chain fees pile up. Those pennies in a demo become dollars in the wild. A mass close event—thousands of channels trying to settle simultaneously—would clog the base chain, raise fees beyond reason, and strand users mid-transaction. The justice system that keeps nodes honest only works if everyone stays online and mempools stay orderly. Neither assumption survives reality. Lightning isn’t a revolution. It’s a delay mechanism—a temporary illusion of scalability built on shifting complexity elsewhere. It functions so long as people believe they won’t need to use it. The irony is sharp: BTC survives only while it sleeps. The moment it wakes—when real commerce starts—the system breaks. Modelling the resilience and scalability of the BTC Lightning Network as a knapsack problem by Dr Craig S Wright :: SSRN share.google/LkqnWZELBoL9DD…
The absolute scarcity of Bitcoin supply is poorly understood in today’s world.
There is genuine mental illness in Hollywood.
🚨 JAW-DROPPING moment as Steven Crowder stuns liberal when he exposes the reality of SNAP. She admits he's RIGHT. "Our soldiers get MREs and they have to pay for them. Why should somebody able-bodied, choosing not to work, get ANYTHING better than our soldiers?" CROWDER: Snacks and treats? You say 'choice,' here are the choices...pre-filled pumpkin buckets of Halloween candy. How do we tell low-income Americans they should fund that? LIBERAL: A lot of them have children. CROWDER: So do the people working who pay taxes. LIBERAL: OK. That's a fair point... CROWDER: The obesity rate for low-income women not on SNAP is 40%. You know what it is for those on SNAP? 57%. Working class Americans with kids, struggling, are paying to make other people FATTER. 🫳🎤 @scrowder
