- On the issues that come with scaling. A future where settling onchain is out of normal people hands. - On the trade-offs between technical complexity and sovereignty. - Detour back to the gold standard - The wonderful improvement provided by IOUs on gold - The unavoidable betrayal of trust - The current state of western finance: get fucked, or get fucked - Do you see the pattern? Custodianship is a good thing, until it centralizes and betrayal becomes way more profitable than collaboration. - A bright future where bitcoin banks have some of your sats, privacy with chaumian ecash is the norm, and your moves at the speed of light. - Closing thoughts - Nobody knows shit about fuck. Things will happen, and the market will decide - Lightning is great, but I think we all ought to keep an open mind for additional possibilities