Replying to Avatar Peter McCormack

Thinking a lot about our Not Your Keys, Not Your Bitcoin and the reality that for global adoption, most people won’t be able to afford to own UTXOs and transact on the base chain.

That a high fee environment causes many issues for Lightning.

Need to know more about scaling ideas but the big question is, how can anyone who wants to use #bitcoin be fully self-sovereign and not be priced out.

Can you be fully self-sovereign without controlling a UTXO?

Is this possible? Is anyone working on this?
Avatar
bitcoin money 2y ago

Based on current block space it’s obviously not possible, it’s sad but that’s the hard truth and that’s also why we have layered money. Liquid btc, Rbtc, wbtc, lightning, RGB, Fedi will pickup the tap and still better than CBDCs since it has the bitcoin anchor.

Reply to this note

Please Login to reply.

Discussion

No replies yet.