Bitcoin doesn’t need “help” from other protocols and projects. Bitcoin needs central bankers to keep going out and adding another 10 trillion units into the system and then handing it out to people for performing no work. And they will…they have to…because the liquidity isn’t flowing into the hands of the broader populace because all the equity has been consolidated into the hands of a couple people. Bitcoin just needs to be left the F alone. The people running clown world are doing all the heavy lifting. “Don’t interrupt your enemy when they’re getting ready to make the same mistake…yet again”.
Discussion
It feels like you’re talking past one another.
I agree, but then when Bitcoin becomes this thing that everybody desires and not only very small minority then it is time for people to actually transact with it day to day.
When that happens, if we don't have a system in place to allow people to pay for their coffee in a noncustodial way (or at least have the option to do that even if custodians will always exist and that's fine) and also have some viable ways to get some privacy for their utxos -- if that is not in place, then we will just hand the gold back again to the next generation of central bankers.
Yep, 100%. Your statements about foundational layers of systems being necessarily simple are spot-on, IMHO. I wonder if we are at the beginning of Block Wars v2. While I'm very excited about BTC, I occasionally fret that we will eventually kill this golden goose.
If you want fancy L1 function, buy ETH.
Everything is good for Bitcoin 🙂
Well said
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