Letters of Lyman

While BlackRock was launching bitcoin ETFs, Vanguard CEO was lazily asleep. Woke up, got replaced.

Built in the Philippines, CoopPay is the world’s first Lightning wallet for cooperatives. It is bitcoin-only, meaning it doesn’t do “shitcoins” like tokens and all that blockchain buffoonery.

So much history happened in the last two days with OpenAI and Google I/O 2024 that I decided Marc Rebillet should be the opening act for CoopPay today.

This best-selling pseudo-intellectual thinks it’s actually a good idea to give banks and governments the ability to create more and more money out of thin air.

True in doing mathematics or writing poetry, but also true in fashioning an organization that is running extremely well and accomplishing its mission with excellence.

The story of money, banking, and CoopPay, featuring a 30-minute video by Lyn Alden. It was a bit of a zig and a zag before CoopPay—the world’s first Lightning wallet for cooperatives—rose miraculously.