Nope and neither does Bitcoin 👍

What's the benefit for the masses to adopt Bitcoin, Monero, or Lightning over tradfi apps if most don't care about self custody and permissionless p2p transactions anyway?

Payment apps are feeless, faster, convenient, more people/businesses use and accept them, and they don't have a criminal stigma attached to them.

They also have central exchanges and ETFs that give them price exposure to Bitcoin if they want that.

🤷‍♂️

Lol @ thinking lightning is a scaling solution

truthcoin.info/blog/lightning-limitations

The masses are never going to choose self-responsibility and sovereignty over convenience. Or that nation states will allow it to operate on white markets unrestrained. It's a fever dream and not even necessary for Bitcoin or Monero to succeed.

Nope

But tradfi apps blow lightning out the water in both usability, speed, and network effect if that is all that matters to you 👌

True story.

Did you know that in 2023 roughly 1,155 people DIE every bitcoin block? #statistics

Hey, I'm new to #nostr and looking to connect with people who are into #OpenSource, #decentralization, and maybe #IoT fans!

I make open source smart thermostats that don't snitch on you. So of you know anyone that would like a project like this, tell me about them so I can follow them. ❤️

MicroStrategy's bitcoin acquisition strategy has been really on-point.

I analyze a lot of stocks and see how they manage their shares. Most companies are rather pro-cyclical in this aspect. They buy back a lot of shares when times are good and shares are expensive, and then when there's a recession they reduce or eliminate their share repurchases, ironically when shares are cheap and it would be better to buy them.

A small percentage of companies have more forward-thinking executives that manage to do this more counter-cyclically. They buy back more shares then they are cheap, and they retain more cash or do other things with their cash when their shares are more expensive.

MicroStrategy has been doing this quite well, except it's about the strategy of issuing shares for bitcoin, which if bitcoin continues to be successful will have more impact overall.

When MicroStrategy wants to buy more bitcoin (which is always), what they seem to be optimizing for is how many bitcoin can they get per share. That's what builds shareholder value in this context. So when MicroStrategy stock is trading at a valuation premium relative to its underlying bitcoin, they can take that opportunity to issue more of these expensive shares, and buy bitcoin with those proceeds. When there is not a valuation premium, they can focus more on just buying bitcoin with incoming cash flow, or exploring other low-cost financing.

So far, they have been really on-point about managing this.

People that listen to their phones in public places without headphones gotta have an average IQ of around 75.

Instant enough for me.

But if i want a instant payment that is faster more reliable and private than Lightning i would use Kaspas..

If all that mattered was how fast a transaction was we would all just stick to using Paypal, Venmo, CashApp, etc

Lightning isn't even the fastest crypto. Nano is faster, feeless, and actually final settlement.

Glad to see Ocean.xyz's hash rate continue to sharply rise. More decentralized mining pools are good for Bitcoin.

Monero does a much better job on payments than Lightning with real privacy and real simplicity!

nostr:note1fudtx6ws9lyenlgut0jkekn5jlfqnh883ga200zah5puvmwa9m3spx0vy4

I’m not suggesting they can’t use it, I’m asking we are bitcoiners supporting them?

🤙