Replying to Avatar Trey

I think the majority of lightning adoption over the next few years will be driven by Number Go Up technology and not by its advantages as a payment system.
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Shawn 2y ago

Spicy take. 🌶️

Care to expand?

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Trey 2y ago

Nothing drives bitcoin adoption more than NGU. The next mooning period will bring huge new interest in bitcoin generally. Lightning will be a normal part of that discovery process because the network and tools for it are available this time around.

But without NGU, I think it would be a long, slow slog.

Thoughts?

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Satoshi Coffee Co. 2y ago

I think bitcoin needs to circulate more to help NGU, then I agree.

Spend and replace > HODL

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Trey 2y ago

Don't get me wrong, I want the payments use case to gain adoption.

Just a comment on what I think the reality is.

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Kane McGukin 2y ago

Prolly.

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Trey 2y ago

It's a cool chart comparison. But gold has zero chance of regaining medium of exchange!

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Kane McGukin 2y ago

Yep. Can slice of a piece on the fly. It just acts as a value store.

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Kane McGukin 2y ago

*can’t