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Russo | 4 months ago (raw) | root | parent | reply | flag +2 
 I know what Bitcoin is, and i know why Satoshi created it, and it wasnt for people use "banks" to buy it and to keep it. 

People only want NGU and that isnt what i search.
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Maxim | 4 months ago (raw) | root | parent | reply | flag +2 
 But the fact that we‘re discussing this here on nostr, all the cool meetups, more institutions adopting bitcoin, more normies hearing from presidential candidates about self-custody - all this suggests people want more than NGU.

And if they wanted only NGU, one could also see it as people understanding how fast their fiat savings are devalued and switching to bitcoin. I understand there are a lot of crypto degens and other traders bullshit, but (a) they have always been there and (b) they are a side-effect of the transition phase we’re living in.
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Russo | 4 months ago (raw) | root | parent | reply | flag +3 
 I only see custodial solutions on the payments layer like ecash, i havent seen any good solution that isnt centralized, and what i see is people wanting ETFs and NGU or solutions that dont are self sourveign
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Maxim | 4 months ago (raw) | root | parent | reply | flag +7 
 Zeus (self-custody, privacy), Phoenix (self-custody), Liquid (federated, but high privacy), Ecash (privacy), Robosats (on the way to self-custody, federated), Bisq (self-custody), and so on and so forth.

I think that’s normal. A more progressive minority pushes the whole field forward. Only commies live in a world where everyone is equal and equally stupid.

The questions I would ask myself are: Is this bad for bitcoin? I don’t think it cares. Same way the internet doesn’t care about Google. Can the ETF/NGU people manipulate bitcoin price? Yes, either by a small percentage or for a short period of time. Long-term it’s impossible. Can they control it? No, it’s a game of three: miners, users, node runners. Is it bad that some people want only NGU? No, it’s probably the best way for a random normie to get orange pilled.
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Fiat Shenanigans 🤡🌎 | 4 months ago (raw) | root | parent | reply | flag +3 
 As long as the protocol layer enables sovereignty we'll be fine. Not everyone will choose sovereignty and that's also ok. 
nostr:nevent1qqsq3wfn5vxuqnvuuk57dhgzzk40jhu3ap3yy2ejxsykqzm2xaecwaspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqzgyekre97rsg2awgml36fz3dk75ac7nln0emr6j6uqk55gqhrrsqvzqqqqqqy95l9pq
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Analogue Dog | 4 months ago (raw) | root | parent | reply | flag +1 
 There'll come a point where not everyone will be able to own a UTXO.
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Fiat Shenanigans 🤡🌎 | 4 months ago (raw) | root | parent | reply | flag +1 
 If the protocol enables sovereignty then sovereign solutions can be built on top of it and they are.
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84dcaaf5 | 4 months ago (raw) | root | parent | reply | flag 
 Sorry for my ignorance. What's NGU?
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Maxim | 4 months ago (raw) | root | parent | reply | flag 
 Number Go Up.
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Maxim | 4 months ago (raw) | root | parent | reply | flag +1 
 Usually, it is an allusion to people buying bitcoin solely in order to get profit. Sort of when a measure becomes a target, and not a tool for achieving something novel.
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84dcaaf5 | 4 months ago (raw) | root | parent | reply | flag 
 Hmm I see, I prefer NGD lol
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viapek | 4 months ago (raw) | root | parent | reply | flag 
 FUCK I HATE COMMUNISTS!!!!!
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TK CTV | 4 months ago (raw) | root | parent | reply | flag 
 You keep searching for silver bullet solutions there are none. Bitcoin in and of itself is completely terrible over all. It does one thing and one thing only really well. Orders an immutable ledger that nobody can fuck with.  Any other "things" you're searching for or try to add necessarily TAKES away from something else. Keep coping.
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Russo | 4 months ago (raw) | root | parent | reply | flag 
 Bitcoin is getting less censorship proof because the way that people use it, get it and mining it. 
I dont believe that path is good for Bitcoin. 
But it is what it is, this is only my opinion.