Tim Bouma

FWIW, I had great fun last routing ecash through different relays throughout the world using . Much to my family’s annoyance, I was calling out each routing success: ‘Buenos Aires!, Beijing, Berlin!, Somewhere in the Caribbean….’…

Running #nostr #safebox ecash transactions between different nodes using NIP-17 as the transport and using random relays around the world. Transactions are cleared and funds transferred between wallets without even touching the Lightning Network. It all works. Wild, just wild.…

It’s amazing that you can still walk into a grocery store and walk out with a load of groceries without having to use a gun.…

Watch out. Those with exorbitant privilege are now taking issue with those who were ‘unfairly early’.…

Private Power Protocol ———————————— Power to Pay Privately Power to Publish Privately Power to Prove Privately Power to Permit Privately This is #nostr…

So very cool. I see a renaissance for these kind of things as people get tired of all things electric. I’m on the hunt for a Christmas snow globe……

Another zap test. Pls ignore.…

I’m a big fan of @Anita ⚡️🏳️‍🌈 ‘s work. My inspiration for building a payment system where I can say ‘just use this’ on your hand-me-down phone. Still a few years out, but I see the orange!…

The biggest thing I learned in my global finance class is that ‘CASH IS KING’. It doesn’t matter how great or bad your balance sheet is if you can’t meet payroll or pay the monthly electrical bill. Cash is typical a cash account, or more usually, an operating…

FWIW, fractional reserve went out the window in the early days of the pandemic (March 2020). Most banks now have a zero reserve requirement. Their only concern now is overnight loans for liquidity, when they need to clear with other banks, and the central bank steps in once in a…

About four years ago, I went deep on central banking and monetary operations. Just over two years ago #Cashu came along, then I discovered #nostr. I realized you could build an entirely new monetary and payments infrastructure using Bitcoin as the base layer, and something that could rival the likes…

Hear me out. Credit is not a bad thing. It enables the monetary system to expand and contract when necessary. This was the case in Canada where the private banking system could issue notes that were redeemed at par at the competing banks. This was especially important during harvest season…

Monetary Layers. Bitcoin - commodity -> fixed asset Lightning - collateral -> faster transactions Ecash - credit -> funding flexibility…

I will read this for a good laugh. The IMF is really doubling down on CBDCs, despite the fact nobody actually really wants them. That proved to be the case in my country where a public consultation revealed that over 80% of the respondents were opposed. Despite the evidence to…

Testing zaps of amounts approaching $250 USD to demonstrate that #nostr can become a serious payments system. I'm testing with #nostr #safebox that stores the funds in relays in the form of Chaumian ecash proofs. It is working like a charm. I believe that this can become a