Anything we build on Bitcoin should have the baked in assumption that fees will go much higher than this.
I don't think we've seen high fees yet.
This is just the reality, we shouldn't cope about it, we should build around it
Discussion
Le tengo miedo a las tarifas del 2024 y 2025 después del halving
stop saying that! 🥲
I am with you with liquid. From all my research liquid is a lot better than I custodial lightning wallet. I don't use lightning at the moment but would you liquid (squirts) on nostr. I think your on the right track 👍thanks for the insights #squirts
ALWAYS HAS BEEN
Owning UTXOs on L1 was never for the poor. Ppl need to make peace with that
Idk. Im far from wealthy but getting $1200 together for 3m sats isnt all that hard
I've been operating on the idea that using the base chain will eventually become somewhat similar to buying a home. ie it's something the average person will do once, twice, or perhaps three times, across the entirety of their lifespan.
perhaps i'm seeing the world through orange tinted glasses, but it's possible that even this becomes unreachable, for the average everyday person.
An Unfederated Two Way Peg to a merge-mined token that has near 100% the hashrate of Bitcoin appears to be possible with BitVM.
High L1 fees will remain but there will be secure full-custodial onboarding solutions in the near future.
Anybody out there building such tech? If so, we'd like to help fund the work.
I think we should hold the Bitcoin CEO, Craig Wright accountable for the high fees.
I'm sorry he is unavailable until further notice 😶🌫️
You're correct bro just early
We vibing
⚡️💯⚡️
Agreed, fees are going much higher.
In IT we have this concept called "rollback". When something goes wrong, one makes things go back to what they were before.
What about we all admit segwit went wrong?
Even Satoshi did this, he corrected many mistakes.