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0 sats \ 2 replies \ @Undisciplined 29 Oct \ on: Where are the Bitcoiners? Where are the Spenders? Where are the Users? bitcoin
I find your nostr thread amusing, because I see more criticism of Core than Knots, which I'm sure just speaks to how silos are already going up around each of us on the new social media thing.
Other people have already chimed in and I basically agree that the main use case just isn't regular commerce yet.
Bitcoin is great internet money and some vendors already take it. It's an amazing store of value, which we all take advantage of. Many of us enjoy how it's improved the online betting and prediction market experience.
It's working its way through the system unevenly, because the degree to which it's an improvement is not uniform.
which I'm sure just speaks to how silos are already going up around each of us on the new social media thing.
In my opinion what's comically evident... is how Bitcoin functions on economic incentives. Buying, spending, and hodling. Social media is 99% noise and nonsense... and trivially easy to sybil-attack or misrepresent. Bots are created in-mass... and there's no real solution to this unless people pay ie pay-2-post.
Which is funny because 'people' argue over the nuance of op_return... but will they really pay to outbid the spammers or keep them from spamming?
No... which I think is more telling.
I look at pay-2-post on Stacker News the exact same way I look at hash-cash and Bitcoin mining itself. Pay-to-use, pay-to-store and pay-to-interact... some kind of economic, uncheatable consequence for action.
Other people have already chimed in and I basically agree that the main use case just isn't regular commerce yet.
It's not so much that there isn't 'regular commerce'... isn't the meaningless, useless arguing over 'what Bitcoin is for'. Bitcoin's use case isn't decided by people arguing about it, it's people going out and using it that way.
It's working its way through the system unevenly, because the degree to which it's an improvement is not uniform.
I agree. I just wish there wasn't so much stigma and... frankly ignorance associated with it. I have never see or heard of Lightning mentioned by a mainstream financial institution, except for maybe Block which is basically Bitcoin financial services.
Too much stigma to really discuss with other people which is a shame.
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Bitcoin's use case isn't decided by people arguing about it, it's people going out and using it that way.
Same page
Too much stigma to really discuss with other people which is a shame.
Yep. I was listening to a relative complain about all the frictions in her business' billing process and, of course, I was thinking "Bitcoin fixes this", but I knew she would tune it out.
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