Nostr Web Client

I don't agree with that as an inevitability. The majority of coin, at least right now, is held by individuals. Meanwhile, fiat is still crumbling before our eyes. You think every miner and node is going to go offline just because everybody isn't buying their groceries with coin? Myself and millions of others are going to keeping mining, noding, and stacking and waiting for the inevitable collapse. Also, if a company is going to accept Bitcoin as payment, they damn sure aren't going to accept it without understanding it first and the only way to understand it is to have it and get accustomed to what you can do with it. It failing at all doesn't make much sense at this point, especially at a point in history where the manipulation, extortion and war that goes on under and on behalf of a fiat standard is better understood that at any other. Saving is a use case for money. I accept Bitcoin as payment. Others will too. But this fear mongering shit is very fiat behavior and I don't take it as truth for an instant.

Hanshan 7mo ago

It doesn't fail because the network goes offline

it fails because its no longer censorship resistant.

Reply to this note

Please Login to reply.

Discussion

Detective Deft Defector 7mo ago

Well first it was a custody issue, now it's a censorship issue. Seems more like you're just black pilled. That's an awfully easy stance to take but that doesn't make it accurate. Ntm this is the best mechanism that has ever existed to counter that end. Have hope fren. We have an incredibly sound road out of that future. No, it isn't perfect. Nothing will ever be. Probably. It still takes us being involved. I'm willing to do that. If you are too then the fight isn't over.

Hanshan 7mo ago

wut?

Bitcoin will fail if it's not used as MoE because it will primarily be with custodians and therefore not censorship resistant.

Detective Deft Defector 7mo ago

Lol. Aight.

MAHDOOD 7mo ago

I think medium of exchange will be custodial but savings for non retards will be self custody. I sometimes think the custodial savings like ETFs are actually better for sovereign people like us because it’ll make on chain transactions cheaper. The truth is that most people have no idea how fiat works and still use it. Most won’t ever know how bitcoin works but the people who do will be better off. This has always been the case for humanity. Majority are retarded, lazy, and careless so they get fucked over. I don’t care tbh.