<oembed><type>rich</type><version>1.0</version><title>nick wrote</title><author_name>nick (npub18p…3v73m)</author_name><author_url>https://nostr.now/npub18psflzah8gjq54t4zyjhezghzg9pvpjhm894f4yex9wpl79t3uxq03v73m</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>How can c= generate such a return with just routing?&#xA;&#xA;Lightning liquidity is the most underestimated part of the network.&#xA;&#xA;It’s part of what we solve at moneydevkit, but here’s a bit about how we did it at Block &#xA;&#xA;1. Real transactions.&#xA;&#xA;Cash is one of the biggest lightning services on the network. It connects millions to lightning, and as Miles pointed out, more and more people are using it everyday.&#xA;&#xA;By nature of cash being custodial, we had insights into what people were using lightning for. This was part of the original thesis of c=.&#xA;&#xA;There are some big players out there that node runners have no idea about 🤷🏻‍♂️. Lightning privacy works very well. Apologies monero trolls.&#xA;&#xA;2. Liquidity in our favor&#xA;&#xA;Most people buy bitcoin on cashapp and withdraw (based)&#xA;&#xA;That transaction flow is ideal for lightning, and in the right hands, you can flex it to pay for and make a handsome return on your own payments and operations.&#xA;&#xA;For the plebnet inclined— c= is an inbound generator. For its capacity it’s typically had 1-3X+ more inbound than outbound. This is a very unique position on the network.&#xA;&#xA;3. Strategy&#xA;&#xA;The management the team did not only improved the experience for Cash users, it compounded payments and fees going through our channels.&#xA;&#xA;We expected to get some return, but we were pretty blown away by the volumes and takes.&#xA;&#xA;The ROI we collected was not from Cash.&#xA;&#xA;This was just step 0.5. The next steps were to flex our position and liquidity to bolster bigger and higher value things. One of those was Square.&#xA;&#xA;In the end, the real value comes from real people making real payments. It’s why I’ve always harped on this:&#xA;&#xA;We don’t need X protocol or Y L2. The technology is there. We need to do the hard part of bringing it to real people now.&#xA;&#xA;For you nostr folks consider— on-chain fees were never even a thought in our minds. Our margins were fat.</html></oembed>