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53 sats \ 6 replies \ @TheBTCManual 4 Mar \ on: 📺 👨🏫 Taproot Assets Protocol - overview of existing coins and NFTs crypto
Is it just me or does this guy reading this script sound clueless as to what he is saying?
Shitcoins on lightning we were warned. But question is will it drain the current shitcoin wells
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Doubt it, too much investment has gone into those other chains, major sunk costs involved for devs, users, exchanges etc and a relative network effect I doubt tapasses can disrupt, in my view tapasses was basically just for tether and circle to offer stablecoins
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Lightning labs are definitely hoping tether and circle will get in. So far no luck on that front.
The main idea behind taproot assets though is to bring in people interested in speculating and price action.
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I thought tether was using Omnibolt to put tether on lightning. I saw a demo of them doing that like two years ago
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I will have to check that out. I have not heard of omnibolt.
I know lightning labs want them to get into taproot assets. RGB really want them on their protocol too
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With taproot assets all fees are paid in BTC. Abe new coins created on BTC blockchain will bring more investment into BTC itself.
All coins listed above have liquidity pools in BTC.
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