Replying to Avatar UNLICENSED MONEY TRANSMITTER

corallo's long-term view is very much aligned with mine

* next logical evolution for bitcoin is some kind of covenant that let users share UTXOs in more flexible ways

* there is still time to refine these designs, the organic demand for bitcoin is still much smaller than what the current network can serve

* eltoo/APO's LN optimization is less critical than a good covenant that can enable a x100-x1000 improvement with coin-pools

* bitcoin cannot compete with tron on centralized dollar tokenization, better improve more robust designs such as DLCs

basically just lower your time-preference. bitcoin should not compete directly with other crypto because there will always be a service that makes more compromises

https://www.youtube.com/watch?v=2pHhKvDcdFM

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stackatoshi 2y ago

the second point is very important. there is no dire urgency to any of this.

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