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If you think the BTC network in its current state is not anti fragile enough to handle those issues, maybe you should concern yourself with projects like Bitcoin cash and others that thought they could solve all the problems themselves. Do not mistake your hubris for confidence, there are unintended consequences for each commit far beyond what we can concieve ourselves. Slow down.

Sovereign Matt 2y ago

Hubris is thinking Bitcoin is perfect already.

L1 fees are now been ranging from at least $2 to $15 for the last 2 months.

Making self custdial lightning unviable as it’s too expensive to open channels for vast majority of people.

We need layer 2s that are dependent on L1.

Also, bitcoins privacy is currently terrible. It’s an open transparent global ledger for everyone to see.

Being honest about bitcoins weaknesses is how we make it perfect.

Telling people who challenge the Bitcoin status quo to go play with altcoins is what legitimises shitcoins and scammers.

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Discussion

Sovereign Matt 2y ago

*we need layer 2s *not dependent on L1 fee market.

Hersh 2y ago

I never said it was perfect, I just said slow down. The ethos of Bitcoin is not "move fast and break things". Propose solutions, sure, but don't expect pressuring people to accept those changes to work. And if the history of Bitcoin shows anything, it's that changes to the code need to be small and carefully considered by ALL network participants. You're opinions are not law.

Sovereign Matt 2y ago

Okay I will shut up and wait on the sidelines til everyone else comes to same realisation. You are right. You win.