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@magnus
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stacking since: #652960longest cowboy streak: 1
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0 sats \ 0 replies \ @magnus 18 Aug freebie \ on: Total Newb Take: Bitcoin is so exciting why don't more people get it? bitcoin
Bitcoin is neither private nor fungible. Layer two and three will require custodial solutions to onboard the masses in any meaningful capacity. Lightning has many problems that have not/can not be fixed.
Congrats to Bitcoin Core for making Bitcoin digital gold and not a MOE.
A far cry from Satoshi's original vision in the white paper. Not your keys, not your coins.
0 sats \ 0 replies \ @magnus 18 Aug freebie \ on: The Incremental Commodification of Bitcoin- Undermining its Intended Purpose. ideasfromtheedge
You forgot the part about intentionally limiting the chain to 7 TPS, which forces custodial layer 2 and 3 solutions. Satoshi's vision of a peer-to-meet money has failed.
Not to mention lack of privacy and fungibility.
https://a.co/d/9LEl1Rx
0 sats \ 0 replies \ @magnus 18 Aug freebie \ parent \ on: Why is Nostr struggling? nostr
It's essentially the cult of bitcoin.
0 sats \ 0 replies \ @magnus 18 Aug freebie \ on: Why is Nostr struggling? nostr
because it's a bitcoin echo chamber.
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