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74 sats \ 12 replies \ @028559d218 5 May \ on: How MSTR Could Go To Zero OR Why We Should Spend and Replace Bitcoin bitcoin
Brilliant video from Matt Kratter.
Some things he says I don't agree with (some of the spam stuff)
But he's 100% right Bitcoin has to be used to survive.
Bitcoin is what we make of it.
Bitcoin is what we make of it.
Should it be our job to use it though, or should it be Bitcoin's incentives?
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Some of the educational incentives and narratives have fallen apart.
It should be easy to onboard people to Lightning, opening 1 or 2 channels, to use for spending or transferring money on the internet. Tipping their favorite Youtuber for example or donating small amounts to aid groups or journalists or NGOs, buying things in their local communities or sending money cross-borders as remittance.
But often the 1st time people encounter Bitcoin is twitter which is a ****show.
Twitter really is for advanced Bitcoin users NOT for beginners.
BitcoinBeginners is probably the best place for Beginners. After which I might recommend r/Bitcoin followed by stacker news. Twitter and Nostr are really for people who can see through the BS or take things with a grain of salt... NOT for beginners which I think is part of the problem.
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R/Bitcoin? Really?
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People go to Reddit to learn something new. There is no new 'onboarding' process for new Bitcoiners... there is no HR department, no 'welcome' package no basic how-to.
Unless someone dives into the 'how to' section from their hardware wallet manufacturer (which they should) where else do they learn?
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Last time I looked it was a dumpster fire. Why not here?
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There is nowhere for them to learn that Stacker News exists. I never saw it mentioned on twitter when I used to use it.
And frankly it's a little more complicated incorporating lightning. I've never heard Lightning even mentioned by the 'talking heads' that typically discuss Bitcoin
If bitcoin serves no utility it should die. But money works at scale, not really for a club of econ nerds and coders.
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Yeah, the spam stuff is a "problem" that solves itself with fees. I don't care WHY people use bitcoin. Just use it.
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Agree. I think spam is more of a first world problem. Right now, get people using it, solve for spam later.
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100% agree friend.
The irony, of course, is that Stacker News is the biggest community of people using Bitcoin in a consistent and subtle way. (At least that I've found.)
But due to the brilliance of the scaling solution that is Lightning... none of it is on-chain.
'Don't understand Bitcoin' - don't use it. (leave it on an exchange, don't run a node etc)
DO understand Bitcoin... use Lightning for almost everything meaning that on-chain usage is infrequent or uncommonly necessary.
WHAT A PARADOX!
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