Nostr Web Client

Replying to

bitfox 🦊⚡

but what does a jpeg on a satoshi add to the network other than memory space?

still dont get it, i get the tech, i dont get the utility

nfts on shitcoin networks have shown they are rather useless, no?

would you buy nfts in 2023?

kohei 2y ago

Actually, it's funny for me to see "Bitcoiners" go bananas when they use "Lightning" as its core technology even though it's useless for most of people becuase they need BTC first to even receive it. Thanks to that feature, most of people use Lightning wallet in a cutodial manner!

Literally, it's the same move as Roger Ver, and now we got Ordinals, we got to face the same blocksize problem and all that, it's damn hilarious they all used to "hate" all of those type of things.

I think Ordinals make sense more than Bitcoin Lightning they wanna solve the problem more natively.

Reply to this note

Please Login to reply.

Discussion

G.M.Joe 2y ago

Btw. Kohei.. The Bitcoin/Lightning dilemma is obvious. To me it seems that bitcoin maxis want everyone to run their own node because they know that most of the people won't be able to run it safe and secure. This leading to the loss of their bitcoin. People are not able to memorize their Passwords or run their devices securely. How the fuck should they be able to accomplish this with lightning? It won't work.

Unpopular opinion: Banks will provide Lightning Node Services for normies and we will not see a future where the masses hold their bitcoin in self custody.

Btw. Using a custodian lightning app for social media zapping is the best decision.

I am a nerd. I am hosting websites and running Linux servers for years now. But I struggle do dive in the how and why to run a lightning node. I just hold my bitcoin in "brainwallet" and use WoS for all things lightning.

G.M.Joe 2y ago

Bitcoiners say 1000s of transactions are possible on bitcoin. But they mean "it is possible WITH bitcoin on lightning network. Which alone the name suggests not to be bitcoin itself.

I mentioned this a couple of times over at twitter and maxis told me that I do know shit about Bitcoin and should go on scamming people with shitcoins" (let's get back to the hate). When maxis reach the point where they have no answer anymore they will tell you that for them lightning is bitcoin no matter what others think. It's totally crazy.

kohei 2y ago

Actually, same here. I use my own brain wallet for storing on-chain #BTC and running my own start9 node for LN, spreading my mnemonic seeds hidden nationwide like a literally prepper, yet thinking like "What am I doing? lol".

It's been more than 10 years since I met Bitcoin. I love Cryptography itself, so I can get it tho, I doubt it's for everybody. Maybe, I only love Cryptography, Bitcoin, and PoW, and no love for community. I just wanna be a peer or node to run the ecosystem.

I'm so glad I found people thinking the same question here. Thanks, @joekrypto.eth .

bitfox 🦊⚡ 2y ago

that is true, LN is not on BTC main chain

similar polygon and several other L2s

let me put a few things straight

"there is no second best" is true, there is no other savings tech in crypto

you can grow your savings stack using other crypto

you are free to play the crypto game, you need to be a bit lucky to win but there are gains to be gained playing the btc/crypto game

would I rather have $10k in btc or any other crypto for 10 years and not be anlr to trade it? btc for sure

i think im not your usual maxi, i understand gambling is fun but i dont mix saving tech (btc) with gambling tech (crypto)

you can do whatever, but i think its hard to argue against that

G.M.Joe 2y ago

Exactly. That's the way I see it. Bitcoin is my retirement plan and I will be the first in my family to leave something for his child.

Bitcoin is superior basically to every other monetary good and technically beautiful. Furthermore it's the only decentral asset we have

Crypto is for fun and for short term "gains" and to explore the possibilities of Blockchain tech.

Just a side note : My claim was: If Lightning is Bitcoin then Ethereum is Bitcoin too. Because you can transfer Bitcoin on Ethereum too.

Of course this was the point where the discussion got personal because they ran out of answers. I deleted my account but you should see the dms I got from maxis after claiming that based on THEIR view ethereum is bitcoin too.