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0 sats \ 3 replies \ @Scoresby OP 2 Jan \ parent \ on: Bitcoin: anyone anywhere or everyone always? bitcoin
Anyone anywhere: bitcoin is about censorship resistance: no one, no nation can stop anyone from using it to make a payment to anyone else anywhere on earth. But not necessarily convenient for paying for a coffee.
Everyone always: bitcoin is a better version of visa payments: digitally native money that ends up being the basis of most transactions on earth.
I'm asking which you think it should aim to be.
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0 sats \ 2 replies \ @Skipper 2 Jan
But not necessarily convenient for paying for a coffee.
Have you heard of this thing called 'Lightning Network'?
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21 sats \ 1 reply \ @Scoresby OP 2 Jan
Lightning is great. At the moment, not something that will underpin most of the economic activity on the internet. Most of the soft fork proposals right now have to do with making lightning easier to use or making it easier to build things like lightning and ark.
I'm asking how much are we willing to change bitcoin to allow things like lightning and ark to be easy to use.
Would you accept potentially increased miner centralization (side chains)?
Would you accept complexity risk (new op codes to allow more complicated txs so that we can have offline lightning receives, channel factories, utxo sharing)?
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100 sats \ 0 replies \ @Skipper 2 Jan
I'm not a fan of side-chains. We already have liquid for that and no one cares about it.
I'm also against complex changes (or any changes in general on the base layer).
Ecash seems promising for smaller amounts, i don't know.
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