BITCOIN DESERVES SHITCOIN LABEL
- High transaction fees make it expensive to move small amounts of BTC. (Who wants to spend $3 in fees to spend $10?)
- Ln... LN is a joke. In order for it to work optimally, the LN must be centralized with high liquidity nodes.
- Replace-by-Fee (RBF) has impacted 0-conf transactions, reducing confidence in quick, unconfirmed purchases.
- Bitcoin's 1MB block size limit contributes to the previous issues.
- SegWit. It is tech debt. Added unnecessary complexity. All thanks to point 4.
- Only THREE nodes control around 70% of the hash rate. Bitcoin is nowhere near decentralization. But i think people here like shitcoining