It's also a good response for people pushing to "upgrade" L1 nostr:nevent1qqs0jtlau7vzpxe42n6zau24xtdtztk62l84xfta7njpnh09hk3us8qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxnq5k28c74ywc7eqr8r6cmhgz30gh4ytse2audeq7aqw5dsjshpcpsgqqqqqqsmtxfcm
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Same thing happened with gold. What happened to the gold standard? All the gold flowed into the government vaults and they forced the people to use paper receipts. Then they rugged the hard money backing for the paper receipts and started printing. How do you avoid this future when the average person can't afford to self custody?