Swan bends the knee. Educational efforts by KYC exchanges are disingenuous.
Another message in a bottle out to normie sea.
https://livingonbitcoin.substack.com/p/from-kyc-to-liberty-a-blueprint-for
Discussion
Enjoyed this, my question is do you believe L1 Bitcoin will be how most people transact considering how high transaction fees can get on the base layer. Curious to hear your thoughts 😀
For Bitcoin, no. Other L1s, yes.
Those who stay Bitcoin may just stay on LN via custodial wallets.
Those who want L1s; I can see Litecoin and Monero being the day-to-day currency.
It’d something like Bitcoin (L1 reserves) >< Monero > expense
Shame.