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Replying to Avatar Guy Swann

People don't realize that #Bitcoin can conquer a $100+ trillion market simply because of multisig and the unbreakable reliability of its settlement.

There is no collateral that can even come close to any of the 5 most important traits you want in a perfect collateral. Bitcoin destroys all of it.

- quick to exchange

- easy to verify

- easy & quick to liquidate at any time on any day

- cant be damaged, perfectly portable

- completely unmatched in mitigating trust and custody concerns

Literally nothing is even in the same ballpark.

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203I 4mo ago 💬 1

No concern over bitcoin core developments on non-transaction data acceptance? What pushes knots adoption to dominance? Should node runners care?

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Guy Swann 4mo ago

No. Its an annoying problem (and i do run knots), but its not existential.

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