One place I’ve repeatedly gotten stuck, is on the fact that there will not be enough UTXOs for every person on earth to own even one.

Layer-2 and 3 (and 4, 5, etc) solutions are the only ways to “reach” everyone, and some of those implementations will invariably involve trust, fractional reserve banking, and custodial third parties.

Humans are amazing, but we’re also short-term opportunists by default, and there will always be “fiat” pursuits. At least until we are all collectively so enlightened that the need for a medium of exchange ceases to exist (lol, different rabbit hole).

Real, actual bitcoin won’t (can’t) be the way that everyone manages their daily transactions — even in a “post-hyper-bitcoinized” world. It’s not possible (at least as I understand it, based on the minimum UTXO size for a transaction).

But also, I think that’s okay…

I think it will be “enough” for Bitcoin to be recognized and implemented as a global monetary base layer. A transparent and free market for money can force participants (banks) to be transparent about risk tradeoffs. It can force governments to only spend tax revenue on things the citizens actually want and approve of, at risk of being “busted” and voted out. It can still give every user the ability to save in a money (or a monetary “layer” atop a consistent base) that can’t be devalued — and when a bank or government tries to devalue it, the citizen retains their permissionless freedom, to chose a better custodian.

I don’t think every global citizen needs to hold Bitcoin for this to work. Bitcoin just needs to work.

The guardian was the custodian for 21 years in open public web.

But one day, people started reading it, and that day was a few months back. And they had what's called a "single phone call" failure and had to take it down.

Much like Julian Assange really.

That's right.

We don't.

For quite some time now actually.

Wasn't the guardian itself that took down the letter from Osama Bin Laden to the American people due to the risk the general populace may actually understand it?

Now that Faketoshi got rekt by UK law and the COPA lawyers, why isn't the bitcoin whitepaper available to UK citizens on bitcoin.org yet?

Exactly. Where does the liability chain end? God? Government? Money?

I got into #Bitcoin for better money, freedom money, resistance money, etc etc

But even when I first got into bitcoin, which wasn’t that long ago in early 2021, I remember many #Bitcoin maxis making fun of shitcoins and saying they’ll be driven out of existence anyway because Bitcoin will be able to do all of that functionality, particularly eth

Now Bitcoin is heading in that direction with ordinals and many maxis have lost their fucking minds. The same ones who were saying bitcoin will do it all!!

Just embarrassing really. I personally don’t care for ordinals and think it’s not particularly what Bitcoin, philosophically, was meant for or originally designed for. But Bitcoin is big and the Wild West, who knows what’s to come. It certainly doesn’t care about my opinion or wish-washy self-described maxis.

Anyways.

Answer trivia or riddles and win sats. What is the hidden animal in this picture?

You now have 90 seconds to answer. Answer correctly first and win sats. Only your first answer will be considered. #trivia [1711655181]

Is this real life

What did you end up using?

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