How do you envision #Bitcoin’s role over the next decade?
What key developments do you think are necessary to achieve that vision?
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Discussion
Working on exactly what the EU wants to prevent. In other words, even more privacy. More coinjoin options that anyone can easily implement/use. Even from a smartphone.
#FreeRoss
#FuckTheEU
#JournalismIsNotACrime
coinjoin space of thousand Samourai..."
How do you envision #Bitcoin ’s role over the next decade?
An alternative for real estate investors.
An alternative for gold investors.
A term of reference for high-risk investments i.e. is this venture likely to outperform Bitcoin over the next 5 years.
A disruptor to the loyalty programme industry. Sats > air miles. Sats for listening, watching.
What key developments do you think are necessary to achieve that vision?
Bitcoin to continue to outperform real estate.
Bitcoin to overtake gold in total market valuation.
Bitcoin to outperform VC returns.
Continued improvement re: UX.
The fiat ponzi will continue to deteriorate bringing more people to Bitcoin but no mass adoption.
Bitcoin as an asset will attract massive capital inflows. Overtaking gold. Most people will keep being ignorant but many will start stacking sats and see it as more liquid investment than real estate, stocks, other tradfi.
Bitcoin/LN will be used as settlement layer on tradfi.
Banks will offer bitcoin custody services.
Banks allow borrowing with bitcoin as collateral.
Ark will fix some LN issues and will be integrated in LN wallets with seamless ux.
3rd world/high inflation countries will see big Bitcoin adoption.
No hyperbitcoinization, we will contiue orange pilling one by one.
Same way, merchant adoption will continue to grow but one by one.
More communities building circular exonomies.
El Salvador adoption of Bitcoin will be a big success.
Humble sats stackers becoming millionaires will improve the world with their wealth.
We will achieve this by onboarding plebs one by one.
1 incorporate AGI in all aspects, mining, fees, code, audit, design, by 2028
2 informed by above, optimize new functionalities, smart contracts, client side verification, social layer, web of trust, autonomous agents
3 informed by above optimize block size to evolve in line with the hardware of the day to increase utility, but maintain decentralization
4 harden the consensus system make it more robust, resistant to attacks, protect against forks and splits, monitor reorgs
6 ossify the protocol, and put it in maintanance mode, with little human strategic decisions, most ideas are bad ideas
In 10 years, importantly, 99% of the bitcoins will be mined and distributed farily, as a level playing field. It just needs to focus on surviving a long time untouched, after that.