Avatar
↗️ Promoted
730dbcc90943bf184a7135091f8b46b9dba4bcf7314d05afdea01404d62f8d96

It's a chicken/egg problem. Merchants should be all over this, due to irreversibility and low fees, but no one takes Bitcoin seriously. It's just a volatile asset in most people's minds. And as a consumer I like that I can reverse a transaction if the merchant doesn't deliver what was promised, and the 1-3% cash back doesn't hurt either.

We're fighting an entrenched legacy system, and until enough people are denied access, it's an uphill battle.

That's why the developing world will embrace this before the developed world.

Replying to Avatar GregZaj

GM

judge: please leave the stand, bubye

As part of the scaling and drivechain debate, I'm just gonna say this:

If Bitcoin ever takes over the world, and I see that as inevitable, Visa and Mastercard will take care of the scaling.

(they're credit cards, so the trust is reversed, no custody risk)

Why am I getting such strong shitcoin vibes from the drivechain pushers? It seems to be all about replicating the worthless shit being built on Ethiriun

Hivecoin, Jesus, more shitcoinery. And you're wrong, it does affect Bitcoin and everyone owning Bitcoin. It changes miner incentives. We don't, and can't, know how exactly, but it can lead to greater centralization in a number of ways. It's a risk that cannot just be ignored, particularly when there's nothing about DC that actually benefits Bitcoin. The main argument has always been "destroy shitcoins by enabling them on DC". I don't know any Bitcoiner who wants those degens leaching on Bitcoin. It's bad enough we got NFT inscriptions.

This is either the best produced hoax I've ever seen, or real.

https://youtu.be/Ya1XNJsvHf8