Replying to Avatar nostr.build

If people can find creative, new ways for Bitcoin to provide value, great, but like you said, not when adding an unjustified expense… especially when degrading the performance of Bitcoin’s core purpose..
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TheGrinder 2y ago

Right. Imo Bitcoin is providing it's value as currency. It doesn't have to provide anything else other than being a tamperproof monetary system with a never changing monetary policy. confirming transactions 24/7, 7 days a week with 0 accounting errors.

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nostr.build 2y ago

Yes. It must be a currency first, 100%.

We should be improving its transfer speeds and costs, not degrading them.. I trust the market to find value as it sees fit, maybe the jpgs evolve to house titles, maybe people decide to (seriously) us blocks as a time system, maybe the blockchain can be the foundational structure to a global marketplace.. All creative and potential Bitcoin uses, BUT NOT AT THE EXPENSE Of ITS CORE PURPOSE! (Just read Odell’s note)

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TheGrinder 2y ago

We've had markets, two-way escrow and other bartering on the BTC chain for a long time. It just never caught on and then was forgotten about when ETH took smart contracts to the next level.

Remember Bithalo?

https://bithalo.org/