Replying to nitesh

Not changing Bitcoin core because it's risky and Bitcoin is a store of value first is a valid argument, however one of the core principles of Bitcoin is holding your own keys, with the current state of Bitcoin, everyone cannot hold their own keys because it doesn't scale to everyone in a non-custodial way.
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hongumart 2y ago

Interesting. Please explain what you mean.

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nitesh 2y ago

Holding your own keys and holding Bitcoin means you own utxos. A billion people can't own utxos, it mathematically isn't possible.

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hongumart 2y ago

I guess I don’t understand. If bitcoin gets to billions of users then sats would be the standard for money and payments. There many trillions of sats.

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nitesh 2y ago

That's not how Bitcoin works. You own utxos on chain and everyone can't own one.

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hongumart 2y ago

Each wallet would have utxos. Anyone can have a wallet. Are you saying there is a limit to the amount of wallets?

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Ryan 2y ago

https://bitcoin.stackexchange.com/a/115451

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nitesh 2y ago

Thank you for sending this.