These next few years are as existential for bitcoin as the Blocksize Wars.
Back then it was about who got to decide what bitcoin was, now it’s about what bitcoin is.
https://bluematt.bitcoin.ninja/2024/05/11/bitcoins-precarious-position/
Discussion
"Sadly I don’t have any great solutions here. If bitcoiners want to preserve what we’ve built and fight for it the focus needs to be on drastic improvements to default wallet privacy across the ecosystem, aggressive investment in regulatory change (and not through lobbyists focused on securities regulation for crypto token issuance), and operation of scalability solutions across the world, not just in the US. Sadly, all of these areas are horribly underinvested in, and invested in at only a tiny fraction of the amount of energy that has gone into other areas of bitcoin."
nostr:note15kzrfkp7lktjpmlxf4zkmd0xhk9dku3y0zjc3k58sh6nmefq5n6qsn7q6k
Are Bitcoiners in this to separate money and state? Yes? Ok, well say goodbye to Saylor.
What does it look like? Well we’re never gonna get everyone on the base layer: nostr:note1pk8lh5gu9s8mvqn60yt5nt6gwx0k7sk8zsvre8e83mlltt34pe5sjfzg9r
Now what?
> mobile lightning with an LSP
No, this is just stupidity and/or gaslighting... mobile devices aren't meant to be servers.
A p2p Layer for Lightning servers has emerged, Nostr: http://Lightning.Pub
It’s ironic that the most restrictive place in the world for bitcoin use is the “land of the free”
You don't run an email server on your phone, or any other kind of server, because that's retarded.
And Matt suggesting that Lightning's path is mobile is gaslighting bullshit
Mobile nodes are DEAD. Phoenixd, Breeze Greenlight, even mutiny-server, are your pivot signal.
And now Lightning.Pub is the p2p Nostr overlay for servers.
If lightning doesn’t have noncustodial mobile, people will just use custodial mobile. I’m all for pleb routing nodes, in fact the only way to get noncustodial mobile at all may be if they exist, but we’ve seen time and time and time again that the vast majority of people will always only install an app.
Because setting up a server isn't as easy as installing an app, pub makes server setup easy cheese.
Non-custodial mobile is a wasted channel, more pubs = family nodes... Not large custodians.
I’m quite skeptical that solution scales, but I’m really happy people are still trying to make it a reality, and if it does get big, I’ll be ecstatic!
might be helpful to add a link to the RSS feed on here for those of us still doing that.
🕊️🧡 🫂
I say relax and let the incentives do their thing. If the incentives fail then rejoice because we all will no longer be wasting our time.
unusable as a medium of exchange with no privacy, being taken over by wall street?
"we just haven’t cracked building cryptocurrency payment rails without an (untrusted!) party being involved." And you probably never will. Because that is precisely what makes bitcoin such hard money. It's why everything else is shitcoins. The tradeoff always will be decentralization vs throughput. So, use the shitcoins for coffee money and use bitcoins for auditable (!) base money, as an unimpeachable mark-to-market for the entire financial system. We have to stop this nonsense of trying to be all things to all people, we have tradeoffs , they will never go away, recognise this and build around it. Stop the hand wringing already !
👇👌👌🔥🔥👌👌👇
nostr:note15kzrfkp7lktjpmlxf4zkmd0xhk9dku3y0zjc3k58sh6nmefq5n6qsn7q6k
Hard nut to crack.
Maybe it's time for a high profile court case both in eu and US defending the right of transacting, mixing etc? We can crowdfund those.
Fortunately though mining is centralized it's not under one jurisdiction.
Existential is a strong word
Susan is a prominent investor in the cryptocurrency space, known for her insightful strategies and deep understanding of the rapidly evolving digital asset market. With a strong focus on Bitcoin and other major cryptocurrencies, she navigates the complexities of blockchain technology, market cycles, and regulatory landscapes to make informed trading decisions. Susan approach combines technical analysis with a keen eye on macroeconomic trends, allowing her to identify long-term opportunities while managing risk in the volatile crypto market. Her trading style emphasizes patience and adaptability, helping her capitalize on both bullish trends and market corrections. Investors following her moves are often drawn to her disciplined yet forward-thinking approach to crypto trading... Inbox 👍
Susan on WhatsApp: +13184079133
For more guide 🙏💯