Subnostr

it may be perceived as dismissive to say it, but inevitably, the majority of humanity will only ever interface with #bitcoin via the Lightning Network; they'll download softwallets, receive sats, and partake in the economy on L2

in the same way early adopters yeeted 10,000's of wholecoins without knowing what they were hodling

solutions will pop-up, such ad fedimint that will facilitate smoother UI/UX experiences...

fees will only remain high as long as ordinals are a thing, and the price-of-entry will remain prohibitive - both in terms of actual financial cost and education in learning about coin management

YunusAtSea⚡️🌊 2y ago

Thank you for explaining your opinion.

I agree that most individuals will likely never interact with the main chain. Lower-cost more UX friendly lightning services will evolve for most people.

I still don't fully understand the fedimint thing even after listening to a few podcasts. It sounds too localised of a solution to work in our current societal paradigm imo, but i'm probably missing something. Can you recommend any good resourced to learn about the fedimint system?

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Discussion

nostrnaut 2y ago

I found this WBD pod very insightful

Fedimint communities could popup at concerts, conferences, etc.

while others may perform more permanent solutions, maybe across whole municipalities/provinces/states

https://m.youtube.com/watch?v=XosysCtKxt4&pp=ygUZd2hhdCBidXRjb2luIGRpZCBmZWRpbWludA%3D%3D

YunusAtSea⚡️🌊 2y ago

Thsnks, i'll check it out and see if it makes sense 👌🏼

average_bitcoiner 2y ago

Fedimints connect over LN as well. Or on chain.

YunusAtSea⚡️🌊 2y ago

Yeah i'm still quite unaware of fedimints even though i've been looking into it for a month or two... more research is required on my part 👍🏻

average_bitcoiner 2y ago

Chat.fedimint.org drops you into the Discord if you have questions.

YunusAtSea⚡️🌊 2y ago

Thanks