Whats your models security budget for bitcoin when everyones using custodians? Seriously brain dead
Discussion
Why would I advocate for custodial use? L2 doesn't have to be custodial. Lightning isn't by default.
It is by default for 90% of users. Stop ignoring real world usage stats
I don't care about how other people use it. I care about how people CAN use it. Trust me, I'm a huge critic of lightning UX.
Sovereignty for the few who have a stack big enough to manage channels. Custodians for everyone else.
Yes. Part of my criticism. It does not scale Bitcoin to everyone. I can't.
Security budget is Bullshit that people who don't know enough about mining think we need to sustain the network. The network creates its own budget. It's self sufficient.
Care to explain how that works haha?
Oh magic ngu technology? Haha
Technology is deflationary, Bitcoin is fixed. So ngu forever... It's simple math.
Ifff it doesn't become daily money for everyone then its just a collectable