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121 sats \ 10 replies \ @DarthCoin 2 Dec \ on: How Bitcoin Scales w/o Forks: the Lightning, Liquid, On-Chain Triangle bitcoin
The on-chain fee for accepting 20$ of Bitcoin is... 50 Cents - 1$ and they don't have a Lightning channel.
BULLSHIT, this is the fiat mentality. Over on Bitcoin we use only sats, not $. People that think "a LN channel cost x$" are those that never get the fuck out from fiat and that's they try with these over-complicated and useless methods.
I've tested Blitz wallet. IT'S A FUCKING MESS, especially for a noob. They introduced more complexity instead of making it simple.
Any wallet using submarine swaps is a fucking nightmare. Swaps out to other chains must be done in specific occasions, not as transaction! And all this narrative that is pushed of using Liquid is the dumbest idea ever.
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0 sats \ 9 replies \ @028559d218 OP 2 Dec
Stacking sats is what Stackers do... But the world does not really do this yet. People will learn eventually but they need education
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0 sats \ 8 replies \ @DarthCoin 2 Dec
That doesn't mean you have to fool noobs into believing that Liquid is the "salvation". It is not. Is just a crap failed Blockstream project that now they want to push it forward.
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0 sats \ 7 replies \ @028559d218 OP 2 Dec
Without making Bitcoin easy to use, imo, 1% of the world will end up with 90% of the Bitcoin.
Bitcoin will be stacked, big time, by the 'Elites' and the institutions before people 'really' understand it. This is already going on I believe.
And so what right? Well by having imperfect solutions that are temporary, binary in whether people can get access to Bitcoin at all, we can give people a chance to stack sats and get channels open.
That is what I believe and why I wrote the above post.
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0 sats \ 6 replies \ @DarthCoin 2 Dec
There are many ways to use bitcoin with LN, without any bullshit Liquid.
1% of the world will end up with 90% of the Bitcoin.
So be it.
Without making Bitcoin easy to us
And that bullshit app using liquid swaps you think is making it easier? LOL it just adding more complexity on top of LN.
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0 sats \ 5 replies \ @028559d218 OP 2 Dec
That is an interesting take.
I want to be able to technically, ethically onboard more people to Bitcoin, those who need it the most, ie those in developing countries with hyperinflation etc. That was the point of my post... anyway.
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0 sats \ 4 replies \ @DarthCoin 2 Dec
It's SURVIVAL from this point forward.
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0 sats \ 3 replies \ @028559d218 OP 2 Dec
what do you mean?
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0 sats \ 2 replies \ @DarthCoin 2 Dec
look again to the meme I posted. Who doesn't start learning now, will be a meaningless piece of shit using some kind of CBDC. More people will learn to use properly BTC, more freedom will be.
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