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Justin (shocknet)
3316e3696de74d39959127b9d842df57bddc5d1c7af8a04f1bc7aed80b445088
Head of building shit | Lightning.Pub | ShockWallet.app | Lightning.Video/thecto

Bitcoin as a savings vehicle is an acceptable outcome to the state, it's easily captured via institutions and can act as a foreign reserve for treasuries

Bitcoin as a means of exchange is not an acceptable outcome because it enters the economy at large, there's no controlling that

Pay careful attention to the massive campaign for ECash for payments and the coordinated Lightning FUD used to sell it

Shitcoins don't make Bitcoin transactions private, and private IOUs like ECash have an insignificant anon set

Delete this, you've been scammed

Got an extra @bitblockboom ticket, if you'll be in Dallas and want it hmu

Goodbye Lightning.

Announcing our pivot to digital dollars

Thank you to all the NGOs and Neobankers for the no strings attached funding for our new Bolt12 based ECash platform

Bitcoin is dead as a means of exchange, scaling with fiat is the way!

Lol, sure ... What you called "baseless conspiracy theories" are proven correct, seems to be a pattern...

I hope fiat maxxing brings you fulfillment

HARD FACTS:

There's no such thing as a "shared" UTXO.

Lightning scales Bitcoin's throughput infinitely.

We can open billions of channels with current batching tech.

Lightning is simply not the bottleneck.

Unfortunately, the shitcoin mindset cannot fathom the success of Bitcoin for simply being what it is- and not what they project it to be. Bottlenecks must be contrived based on nothing but the urge to signal ones virtues.

Every few years we must endure these recycled and absurd projections of scale and functionally, coordinated in an "art of the deal"-like approach for forks that serve no purpose other than to paint Bitcoin as something malleable, bifurcated, and unstable.

Predators lurk where prey are abundant, as proven by the most recent wave Fake Layer2 scams and Neobank-NGO's, sucking up Lightning developers to implement rails for digital dollars and other prom notes.

Such machinations are predicated upon the narrative that Lightning is somehow inadequate for Bitcoiners, despite the fact that it is literally reusable Bitcoin transactions ad infinitum.

If you cannot afford a UTXO, you must trust others who can. There are no exceptions to this, it is a fact of Bitcoin's workings, not an opinion. Abstractions claiming the contrary are simply not Bitcoin, they are credits, aka shitcoins, which already exist in spades.

Lightning can only be inadequate if you never accepted Bitcoin for what it is in the first place, so go enjoy your shitcoins.

I guess you could say that lightning.pub, by using Nostr for it's RPCs, is the first implementation of NO-Cash 🤯

- Signed events between a user and a pub are attestations that could be used in disputes

- web-of-trust distribution

- Private ephemeral keys

- Programmable

Reject shit-cash, demand no-cash

Neobank incentives at work, spooks gotta eat too

They're dining out on all the shilling of ECash and VCash

Fuck the Neobanks and the spooks they rode in on

Covenant tokens that we *need* for "scaling"

Hard to tell which is more insidious, the bizarre pushing of ECash or VCash

Bitcoin's only absolute scaling limitation is from dust UTXOs, which is a function of the 21M supply cap.

Changing supply is a non-starter.

Forkers appealing to scaling are therefore either morons or spooks astroturfing for a future of not-bitcoin.