reply on: My top 3 list of the most influential actors that could harm Bitcoin \ stacker news ~bitcoin

14 sats \ 11 replies \ @jp305 20 Jul \ parent \ on: My top 3 list of the most influential actors that could harm Bitcoin bitcoin

I don't think these characteristics are mutually exclusive in Saylor's view.

You can buy a car with bitcoin, but for a coffee it's not really practical. So is it cash then? Yes and no?

0 sats \ 10 replies \ @03365d6a53 20 Jul

how do you mean? I've been buying coffee with btc almost every day for years now

0 sats \ 9 replies \ @jp305 20 Jul

You wait ~10 minutes, sometimes longer, every morning at the coffeeshop?

0 sats \ 8 replies \ @south_korea_ln 20 Jul

Lightning network ;)

Even though I'm not sure you're asking this in good faith...

0 sats \ 7 replies \ @jp305 21 Jul

LN is L2 Bitcoin is the settlement layer

0 sats \ 6 replies \ @south_korea_ln 21 Jul

Yes, but it inherits all the properties of the base layer... With potentially enhanced privacy if you use it right. So yes, one can pay coffee with btc without waiting 10 minutes.

0 sats \ 5 replies \ @jp305 21 Jul

playing with words, it’s a separate codebase, they’re not the same

100 sats \ 4 replies \ @03365d6a53 21 Jul

yes they are

I don't need global settlement assurance for a coffee (and neither does the vendor)

I use ecash for spending. And lightning to top up ecash.

0 sats \ 3 replies \ @jp305 21 Jul

ok, what do you think a ln node do?

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