pull down to refresh
Lightning enables people with no wealth to save the ability to EARN Bitcoin in a disinter-mediated way.
Beautiful.
Bitcoin critics who don’t know about Lightning sit atop the league of clowns.
reply
pull down to refresh
Lightning enables people with no wealth to save the ability to EARN Bitcoin in a disinter-mediated way.
Beautiful.
Bitcoin critics who don’t know about Lightning sit atop the league of clowns.
Bitcoin is mainstream, CNBC can't go 15 minutes without talking about it, it's ETF's embarrass the flows of all other ETF's, hundreds of millions of phones have near instant access... and several nation states-- including the most important one- have admins full of Bitcoiners and are irretractably incentivized to to keep the momentum going.
Bitcoin's job has always been to put a check on central banks and give people an option to save, everyone has that optionality now.
We have a proper unit of measure to put the central banks in check. Visa/PayPal are not the central bank.
Bitcoin has won. The game theory has won.
SoV is Act 1 in a 3 act Play.
Act 1 must come before Act 2, and it has.
MoE is Act 2
Act 2 simply broadens the aperture and is a reinforcement.
You want to know why more people don't have Bitcoin? They don't have money to save, at all. No wealth to protect, no units to account. The golden billion as is often referred too is really more like the golden 200M.
That's an economic failure, not a Bitcoin one.
But, Act 2 has begun, only because Act 1 is complete. Act 2 broadening the aperture is how you save the people not party to the golden 200M
Lightning enables people with no wealth to save the ability to EARN Bitcoin in a disinter-mediated way.
It's early Act 2, and the tooling sucks. The incentives to build bad tooling are stronger than the incentive to build good tooling (fake L2's and scam forks vs. self-hosted Lightning tools).
Act 2 does not have the benefit of Act 1's game theory, so there are fewer actors, which means we need more mechanical leverage (tooling).