I get it. It’s tough to give it up. At least they can, please…
✅ post nostr first
New profile pic! I loved the little robot, but thought it was time to update 😀
This article made me think. I agree with the premise that not enough people will have self custody.
I’m wondering if that is inevitable. True self custody can only occur on the base chain (L1). Rising fees on the base chain will force most holders to L2.
Human psychology will also push people into custodian solutions. People prefer convenience and are scared of personal responsibility.
At the moment, I don’t see any alternative other than federated / collaborative custody solutions for most people.
We should focus on making those solutions the best we can, private secure and decentralized.
What do you think?
https://bitcoinmagazine.com/culture/bitcoin-cannot-reach-the-world-if-it-doesnt-change
nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz I enjoyed your article. Just worried that it’s inevitable because only a few people will be able to have a L1 UTXO. 👆
Do you agree with my assumptions that true self-custody can only happen on L1, and the majority of the world’s billions won’t have a UTXO?
Large Twitter Accounts: if you don’t post nostr first, you are inadvertently pushing us to Twitter to get access to your content.
✅🧡 Please post nostr first. 🙏
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Really enjoyed this podcast with nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z and Luke Gromen.
Luke explains that the price of oil is something most people incorrectly expect to fall, but will probably go higher and take inflation higher too.
Im assuming that you’ll only get a working bot filter if you upgrade to the paid version. The bottom tier is becoming more unusable.
Without proof of work, humans also go wrong.
The rapper also explained that he is glad to have stood his ground on not being made to take a compulsory shot… 👏👏👏
Sadly, the virtual drinks in that beach bar aren’t quite as refreshing. 🍹🏖️
“The way to stop discrimination on the basis of race is to stop discriminating on the basis of race.”
— Chief Justice John Roberts
Welcome! 👋 nostr the platform has a lot of incredible potential. A great community here too.
Welcome! 👋 Yes, it’s important to support and build an open network. It’s a great community here already so I’m optimistic about its future.
It’s an interesting article. I don’t know what to believe. Some techies said that it might have been a bug on the website that hammered their servers. This guy in the video is telling a different story. I guess we’ll see what happens.
Understandable.
It usually takes a full cycle (four years) to get more comfortable.
I recommend putting in a small amount and learning how to take self-custody. Along the way, you’ll dig deeper into the system and realize the path is volatile but the direction is higher because the whole world has to fight over a fixed amount.
If you have any questions about the system or software, don’t hesitate to ask!
Hi 👋 and welcome. You’ll feel right at home here. 🧡 lots of creative, smart builders.
Welcome Jan! It’s a great community. Lots of smart freedom-oriented people.
Yes, it might be massive. I was just concerned that it wouldn’t be the decentralized financial environment I originally bought into. I’m assuming most validators are regulated entities or large corporations now. Over time, it was starting to resemble the old financial system I wanted to replace.
They often do, but I’m expecting a divergence this cycle. The financial industry is setting up to come into bitcoin in a significant way with new ETFs (eg BlackRock) and institutional exchanges (EDX). The alt coins will likely be suppressed from the attack on Coinbase and Binance. So basically bitcoin should outperform.
I went down the ETH rabbit hole for many years until I realized that all roads lead to bitcoin. I focus exclusively on bitcoin now and I just use it as savings. I never trade. Just buy and hold for retirement.