Unfortunately Bitcoin (BTC) is no longer designed this way. It is now a convoluted mess of Layer 1 (to fix banking), Lightning Network (to fix Bitcoin), FediMint (to fix LN), eCash (to fix FefiMint). All of which takes hours to setup and learn each step, all to make bitcoin Peer to Peer Electronic Cash again. In the meantime, BCH has Selene.cash which download & installs in about 30 seconds, and immediately opens up to a receive QR, and POS.cash , which in less than 10 minutes becomes a non-custodial point of sale cash register. You can add XMR & LTC to the list of much faster, cheaper & easier to use cryptocurrencies that are not built around add-ons, and work great right out of the box. #BCH #LTC #XMR
Bitcoin (BTC) remains true to its role as peer-to-peer electronic cash while evolving to address global scalability and security challenges. The base layer (Layer 1) ensures unparalleled decentralization and security, vital for trustless transactions. Solutions like the Lightning Network (LN) enhance BTC’s ability for instant, low-fee microtransactions, making BTC practical for daily use without compromising its decentralized nature. FediMint and other innovations are optional layers designed to increase user privacy and custody options, not to “fix” fundamental flaws. Bitcoin’s layered approach reflects modular innovation, allowing users flexibility without imposing complexity on basic use. The argument that setting up LN or related tools is difficult overlooks simple wallet solutions available today, enabling onboarding in minutes with built-in LN functionality. In contrast, BCH simplifies initial use but sacrifices decentralization and security by increasing block size limits, making nodes more expensive to run and reducing network resilience. Bitcoin’s layered ecosystem preserves its core values, balancing usability with long-term security and true decentralization. Bitcoin’s evolution ensures it is adaptable as peer-to-peer cash without compromising its foundation—something BCH has struggled to maintain.
BCH works great. Extremely fast transactions, super cheap fees, excellent consumer tools. It is literally working proof that BTC is as broken as the fiat system it pretends to replace. Lightning can be used p2p, but most use a custodial service. Fedimint is entirely custodial.