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Albert Frei
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What if money couldn't be censored and prices kept falling?

I overheard some random people talk about investing:

One of the guys said that he is disappointed that Bitcoin is not uncorrelated to stocks because if it was he would sell it for the S&P now.

What to make of this? 🧐

#Bitcoin

Replying to Avatar EVAN KALOUDIS

We’ve wanted to add gifting in nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 for so long but the constraints to do it with the tools we had were insurmountable.

Cashu fixed it.

Still can’t see cashu in my app. When will it be released?

Thats the moment when I will bully people into an extension block soft fork so more people can self custody and move funds to second layers 😉

Nope, not enough people use bitcoin and we should do something about that!

Have you reevaluated your stance on the block size limit?

It seems impossible to onboard billions of people to lightning and other second layers without an increase, am I wrong?

Beautifully said 👌

I hope you are right.

Unfortunately I’m still not convinced though. If bitcoin becomes the global reserve asset and money of choice for transactions I doubt a bunch of hobbyists will be enough to secure the network from nation state attacks.

You still didn’t name an industry in wich low quantity producers beat scaled ones.

Also logically it doesn’t make sense to me. Why would a producer with a few machines stay longer in business than the big ones?

Big players have much better access to capital and hardware.

Replying to Avatar jack

Whats your solution?

If people don’t even use layer one when it’s almost free, how can we expect them to use it when fees are high?

#Bitcoin