We all need to keep working on our set-up and motivate each other to do so...
Thanks for listening!
Finally had a chance to have q listen to the show and the different fears related to #bitcoin .
At the invitation of having plebs share some fears, a few that werenβt mentioned and that have gotten into my radar recently are:
- ossification : listening to a few nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp interviews has made me wary of what it means to only focus development on other layers and not on the base chain, and what it would mean if little by little we have few and few maintainer developers to make sure that the chain which may hold more than trillions in value starts to lose devs and people who can maintain the decentralized ethos and priorities in the code.
- base layer being self reliant: for the moment miners can rely on the block subsidy. But seeing how in these usd spike moments, transaction fees remain lowβ¦ if development on second and third layer remain the way to make transacting on bitcoin cheaper, then I wonder how the incentive model will make sense for miners after no more block rewards (long timeframe, but still a fear π for the legacy)
- self-custody blacklisting: the more paper bitcoin goes into circulation, and the more institutions want to hold bitcoin for you, I worry for self-custodial criminalization (make people have to choose to behave outside of the law) and the fact that may result in less and less ways to transact with your self-custodied stack.
Anyway, just some thoughts that sparked off listening to your pod :)
great thoughts!!! Glad you listened and love the feedback!
thanks!!!
We might be simple plebs .. but stay humble and stack sats.
thats the message!!
thanks for stopping by but no zap for you i'm afraid..
so you should just do that currency on the show so you beat the USD value every time - at least until hyperinflation hits !!!
Thank you for the support! π
Enjoyed... nice to know we have some of the same fears! Get those mentioned methods implemented before it's too late! My greatest fear is nobody I know cares enough to learn how to recover mine after I die. I have tried explaining to everyone how everything works... goes in one ear and out the other(even my wife) Kind of hope nostr:npub17xvf49kht23cddxgw92rvfktkd3vqvjgkgsdexh9847wl0927tqsrhc9as or some other foundations come up with some kind of plan to allow you to setup a way to just give it all to them.... really don't trust custodians though, so doubt that will work either..... Also, fountain is cool and all, but to boost you through there, you have to use their wallet, which is lame, especially since it has nostr integration...
Another great feedback on today's episode, thanks for listening! π
Episode 197 of Satoshi's Plebs is out now!
In this episode nostr:npub10xxhztawwgtuapdej49q5jgfawu5p0f2j2tzuaxxww2hl546ct3sr7pcjl and nostr:npub197swtr3ymz7aw72tu7eqspxjta7zwcwf23uw4fxyxe2r2eyrfa2sdpner3 discuss our deepest, darkest fears - about Bitcoin that is! Even though we have both been involved in Bitcoin for years we have doubt and fears just like anyone else. So of course, being the Satoshi's Plebs Podcast, we discuss them. In addition, there are some fears that many new people have that we dive into as well.
Join the discussion and let us know what are your biggest Bitcoin fears? Leave a comment below or boost the podcast episode.
And now for the ZAPATHON! If you repost and comment on this note we will zap you 210 sats! And for the first 21 of you who do that you will get 420 sats! Just make sure to repost and leave a comment below. We will zap the comments under this note so you can receive 100% of the zaps. We will do that until we give out 42,000 sats! Hopefully that will be enough for everyone...
Listen on PodcastIndex: https://podcastindex.org/podcast/4150552?episode=33808027104
Listen on Fountain: https://fountain.fm/episode/SO7K5KoZujiGhh1gpEEb
See our back catalogue: https://satoshis-plebs.com/episodes/
#Bitcoin #podcast #v4v #value4value
#zapathon #nostr #plebchain #zap #plebs #zapvertising #zapvert
#ZAPATHON is on again!
Ok #nostr we still have a lot of sats to give away! If you haven't joined the zapathon earlier today, then make sure to go to the below post, repost it and comment under it so we can zap you 210 sats!
#plebcain #zaps
Hope you enjoy it!
Nice, and please if you can repost this note, it would really help us π
Nice to have you here too π«
Hope you enjoy the episode π
Thank you! Yes value 4 value is very important to us too! π«
Please don't make new accounts just to get more sats... One zap per real person please so the is enough for everyone π«

