The way I see it is the base layer will only be used be extremely wealthy individuals and big organisations such as central banks, it's too valuable for the regular person to need it. Regular people will transact on L2 and L3 layers hell maybe even L4 we don't know what things'll look like 10/20 years from now.
"Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient." -Hal Finney, Dec 2010
Okay I agree it's not a financial system itself it's a system which facilitates micropayments on Bitcoin which is itself the financial system. But out of curiosity what issues do you think having a bigger blocksize will fix?
5 years is extremely early for a financial system brother💯
Just as Bitcoin itself is scarce with 21m coins only, blocksize should also be scarce, with every halving giving less and less Bitcoin to miners we need incentives for new miners to pop up which helps with decentralisation, tx fees are one such thing which would be way too cheap if blocksize were larger.
If it's possible to build L2 and L3 as we are seeing is possible and is very feasible then you shouldn't mess with things that can have unrealised consequences. There's a reason Bitcoin cash is worthless compares to Bitcoin.
Lightning is good, and it's literally so early. Look at lightning 5 years ago compared to today. Lightning 5 years from now will be a different beast
you need to go to the sauna after bro
Yeh 100% health is always number 1 priority, but imagine everyone wanted to be healthy and they made healthy foods at scale then everyone would be winning! The world is in a sad place right now
Healthy food is so expensive 😔
You should add support for login with a signing app such as amber and then I will use this also :)
GOOD MORNINGGGGGGG
OKAY NOSTR I SHOULDVE SLEPT AN HOUR AGO GN‼️‼️
I check it too much bro🤣🤣🤣
My plan is tomorrow explain to them how i'd much rather use signal but they might tell me to fuck off because they will think it's like simplex🤣 I love simplex but it's still early days for the "regular user" unfortunately
