I don't understand, why #Bitcoin is the one and only for some people her, in #Nostr. Ok, the #LN is a great advantage.
But I remind everyone that there was some hard fork regarding the Bitcoin network - because the block size limited to 1MB, slowing network and higher transaction fee - wich led to reation of e.g. Bitcoin Cash (BCH).
Now, the BCH network forks again, see this article, what led to it:
Bitcoin cash will not be a thing in the future just like the other 22k token..
I don't think so. The #Ethereum is more useful to provide services on blockchain, than the #Bitcoin. Bitcoin conception was a decentralized payment and issuing money without banks. The Ethereum and the smart contract are a complete infrastructure - the ral Web3.0 - (used by "shitcoins" too). E.g. thanks to the the IBM and Maerks contribution, Maerks - as a world's largerst shipping and parcel company - can track all of the containers on the world. This solution is based on Stellar Lumens (XLM). The Ripple (XRP) is the fastest international money transfer solution (2.5 sec), while the SWIFT is 2 days. There cryptoassets are "tokens"
BTW: despite of Bitcoin, de Monero (XMR) is a most spreaded privacy oriented payment and money transfer capable coin. De Bitcoin transfer can be traced back to the issuing wallet, so every (!) payment can be traced (see e.g. the profile the Israel based Chainalysis company).
Conclusion: NOT every crypto ASSET is a shitcoin...
Oops, I missed some letters from the post, sorry 🙂
To understand why most people on Nostr consider everything else a useless scam, you need to understand two things: why only PoW works (and why PoS can never be securely decentralised) & why you can't put real bananas on the blockchain.
Good luck 😉
Yess! They have to understand the whole blockchain. Not the technology, only the principles. You can't put real bananas on blockchain (not just NFT's 😀), but as I've mentioned earlier you can track the container's full of bananas. BTW: not only PoS and PoW exists (see the NEO with dBFT)
You are right. Some will never understand the importance of the blockchain, it is worthless to try to explain. THX 😉
Okay
