bearish af
Discussion
thanks to God and Chinese ASICs 🙏🧡
Why? Don’t you want the poors to be able to transact on chain with real bitcoin?
Bad for ecash biz, but good for sovereignty
what do you mean, "why?"
>stack sats onchain, several years later pay a $400 txn fee
or
>fees stay really low, several years later bitcoin has a security budget crisis
here's a fun experiment. imagine by chance the security budget crisis is averted because fees will be high enough to outstrip the block reward in a few halvings. I want you to guess the maximum size of an economically unspendable UTXO. good luck
Oh yes the “security budget crisis” 😂
With retards like you who needs shitcoiners.
bitcoin's emission curve ensures that the price of BTC and/or the maximum size of an economically unspendable UTXO can never reach equilibrium without causing the network to bleed security. the price of BTC or the transaction fees or both have to go up forever or it dies.
this is why bitcoin maxis are so openly hostile to people who prefer altcoins. the way bitcoin is set up, buying any other asset on the planet instead of bitcoin is an attack on bitcoin. it has to keep growing and getting more expensive to use forever.
Looks like a bunch of plebs dcaing. I call that a win.
It all moved to the paper chain
This is what peak performance looks like
Feeling retarded here, but what am I looking at in this image ?
I mean... 🧐 on one hand...
(Shrugs) one day I hope to live in a world where Satoshi's vision (pun intended) is realised.
P2P electronic currency.
Ways to go now...
There is only one way out: Make it more convenient for the Lazy Joe to use the chain than to use the custodial paper IOUs.