Did we over-estimate the urgency in the need for Lightning or is everyone too broke to spend? 🤔

Seems like only yesterday everyone was warning about the need to consolidate utxos to avoid high fees.

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Discussion

We are working on changing the narrative Paul. The message has been “never sell your bitcoin.” We now understand better how money works. It’s a process in adoption, understanding, and knowing who to listen to.

I agree that it’s sad, but I don’t think it’s a problem for at least near term (next decade or so) as long as NGU. If NGU stops increasing over 4 year period of time, then we’re in trouble for a lot of reasons.

I should have said, Bitcoin is in trouble.