Bitcoin cannot scale globally on the base chain and even if it could not everyone is going to be able to afford their own UTXO. Layer 2s are going to have to be used but no one wants liquid, people crap on eCash, and hosting a lightning node is expensive, technically difficult, and there are very few decent self custody wallets.
If the money printer is going QE infinity to service debt that can never be paid back and Bitcoin is going to $250k, $500k, $1M this cycle then we do not have a long period of time.
I have not suggested a solution or advise that we sacrifice anything. I'm only saying that this is a problem. We all know it's a problem. There is no simple solution or we would have figured it out by now. And I think the problem will be on top of us before we realize it.
Two dwarf trees to add to the beginnings of a backyard orchard.
Currently have two hazelnuts and two lime trees. The mulberries will make a nice addition
I find it funny that blackrock and Wallstreet are throwing billions into Bitcoin and that the entire network is maintained by a handful of nerds with raspberry Pi's and 15 year old laptops.
I spent a few days on each taking in the vibe.
X is nothing but vitriol and bots. Engagement is just how many people react to your notes. There actually isn't any conversation, just people talking at each other.
Bluesky is performance theatre. The people seem nice and polite but the notes are just virtue signalling to each other. No one is talking about their real life or anything beyond the superficial.
Nostr is a odd collection of Bitcoiners, techies, and misfits who hang out on the edges. There is actual conversation and exchanges of ideas. People talk about their day and aspirations.
Notes by GHOST | export