I bet the #USSR will include no more than 20% #Bitcoin đ¤Ą
Well of course Iâm saying not your coins not your bitcoin.
But Iâm also pointing out that the Bitcoin network canât handle more than 5% of the population making one single transaction per year to a hardware wallet and we need to fix this.
I donât think they get most of the pain
I didnât say custodial solutions have no value. What Iâm saying is that itâs not an acceptable way to scale Bitcoin.
Having the majority of Bitcoin trusted to third parties brings not just personal risk to the user that does, but also systemic risk because we wouldnât be able to validate the total supply anymore.
â ď¸Custodial #Bitcoin is not Bitcoinâ ď¸
âSo why do we pretend itâs an acceptable way to scale it?
I didnât yet find a good answer to how miners will be able to keep their revenue stable or even increase it. Fees are low and mining reward gets cut in half every four years..
At this point we are doing a lot of speculation
What if the #Bitcoin price doesnât double this cycle?
Friendly reminder:
Spend your #Bitcoin!
The lightning network is actually much more reliable than many think đŞ
How to scale #Bitcoin :
As a means of exchange:
2nd Layers âĄď¸
As a store of value:
Increase blocksize âď¸âđĽ
If #Bitcoin isnât used as means of exchange it has no value to me!
Are there any Bitcoiners left who still want to fuck central banks, governments and blackrock?
Doesnât feel like it đ
#bitcoin #fyoumoney
Trying a new app and its not very intuitive to me. But I really want ro know who she is đ
The best case for #Bitcoin second layers is the worst case for the first layer! â ď¸
What are the companies that make the most money?
Companies that sell few products at high prices or many products at low prices?
#Bitcoin is for criminals đ
