Global Feed Post Login
Replying to Avatar Josephus

Here’s a question for the BTC worshippers here:

BTC is decentralized, which is its main value proposition over other coins. That and being fixed to a limited number of coins to ever exist.

But what is stopping anyone (or everyone, tbh) from building a “Nostr coin” or some equivalent that is permissionless, also decentralized, links to lightning and whatever else would be convenient, AND has more modern encryption?

Not knocking Bitcoin, it’s part of the reason I’m here. But I am curious to know why someone doesn’t just “take the best aspects of Bitcoin” and iterate on it.

#bitcoin #crypto #exchange #technology #innovation #decentralized #encryption #permissionlesssystems

Avatar
micahcmiracle 5mo ago

My best guess goes something like: if it ain't broke...

I'm not sure we need better encryption than what bitcoin offers, but it seems like a lot of work to come up with something that is already adopted and works just as you describe.

Reply to this note

Please Login to reply.

Discussion

Avatar
Josephus 5mo ago

I figured that “the investment already exists” and “if it ain’t broke” is a large component. It makes sense.

Thread collapsed