Physical limitation of gold put pressure on people to use gold IOU. As time had passed the rug pull occured a.k.a Nixon Shock.
These days, something similar has been happening. Some #Bitcoin-ers use #Bitcoin IOU instead of #Bitcoin and think this IOU is useful. If we don't do anything, it is clear what will be happened. It likely will be called Adam Shock or Blockstream Shock.
As we can see from the past, the market doesn't gaurantee situation being better. Gold failed due to the physical limitation which can't be solved. On the other hand, #Bitcoin is software which can be improved. We must find the solutuon so as not to fail again.
Just let IOU owners (who are not willing to listen to) die.
Only after that will the spot bitcoin standard happen from the plebs, not from the public.
I hope so, but what I'm worrying is the failure of becoming #Bitcoin standard due to the lack of scalability.
Agreed. If so, let’s consider forking for #bitcoin to be dividable more than 100M sats.
미국에게 협박을 당한건지 돈을 처먹었는지 모르겠지만 비트맥시 인플루언서들과 환호하는 플랩들 전부 역겹습니다. 🤮 니네 한국을 쉿코인의 나라라고 욕하지? 🖕반사다🖕