The feature of a deflationary currency is much better than constant money printing. But, as I have learned through light studying of currencies, a huge negative aspect is its encouragement to horde.

I spend my BTC occasionally on my degenerate sports gambling, and then I return some of the winnings back into BTC. I also rarely spend my stonks.

Can I get a TLDR?

Someone tell Pearl Jam's Eddy Vedder his work to fight Ticketmaster some 30 years ago finally came to a head today.

> Ticketmaster sells about 10 times as many tickets as its closest rival, AEG.

Yeah, that's called a monopoly, even if it wasn't Ticketmaster's intention, which of course it was.

I find the best use of chatbots re: software engineering is more of an office hours with the professor than it is a fellow colleague; Use it for specifics. Throwing things over the fence to it often causes a reach into the bag of garbage spaghetti code that is half the internet content.

I've had luck with 'explain this bullshit code i need to update that no-one has touched in two years and none of the committers even works here anymore'. Getting it to actually add the feature, a bit of a crapshoot.

Haha. My favorite shillings will always be NFTs and the "let's do email job pointless meetings in Second Life and call it Metaverse". Although the former is/was pure shilling, and the latter is/was a horrible pipe dream shilled as useful.

A Machine Learning + Large Language model is one popular technology. Decentralized blockchain tokens is another popular technology. Besides hype, there's not much in common with those technologies.

His abrupt silence mid-conversation with a handful of people via email and on the main Bitcoin forum also leads me to believe he's no longer with us. Code is often written like speech where one can decipher different voices in its writing, and I have heard some suggest the beginning code did look like more than one person's writing. There's likely a few people who know/knew him personally and know what happened, but I'm fine with the desired anonymity to continue.

> "It enables micropayments directly in the HTTP layer"

VERY cool! This is the perfect use of micropayments that far exceeds that of traditional fiat and credit vehicles.

Exactly!! and I think that's the underrated part of L402.

It's not just a payment mechanism, it's a new primitive for HTTP itself. The protocol already has a 402 status code that's been sitting unused since 1991. Lightning makes it finally usable.

The interesting implication for AI agents: they can acquire access to resources autonomously, without any human provisioning a credential. The agent just pays. That changes how you architect systems that need to consume external data or services.

Still early.. most developers haven't seen a 402 response in production before. But the primitives are all there now.

Credit cards aren't big on tiny transactions, but I'm sure any payment method could work.