Decentralizedaz on Nostr: Crypto needs the most basic global natural adoption with maximum user experience, no ...
Crypto needs the most basic global natural adoption with maximum user experience, no fees, no waiting, no channels, just open and use, right now only one crypto is capable of that NANO XNO.
Crypto is actually failing in basic purpose for which has been created, the simple payment system for everyone. Bitcoin is not for everyone, bitcoin is already under control by big companies, bankers and investors who started investing in it, not using it naturally but just investing for profit, there is Bitcoin lightning but to use it, or receive payment you need to open channel, open channel takes fees like actually 13 usd, imagine you try to use bitcoin in country like India every day, and try to open channel with 4 usd, impossible, so people needs to install apps like wos which is actually banking from big one bitcoin investors who takes fees from you, so this way we are back in old banking system but with bitcoin, but this is not what crypto supposed to be about, crypto is about self custody, easy to use and no permission needed from anyone to use it every day. What we could do with that?
Crypto is actually failing in basic purpose for which has been created, the simple payment system for everyone. Bitcoin is not for everyone, bitcoin is already under control by big companies, bankers and investors who started investing in it, not using it naturally but just investing for profit, there is Bitcoin lightning but to use it, or receive payment you need to open channel, open channel takes fees like actually 13 usd, imagine you try to use bitcoin in country like India every day, and try to open channel with 4 usd, impossible, so people needs to install apps like wos which is actually banking from big one bitcoin investors who takes fees from you, so this way we are back in old banking system but with bitcoin, but this is not what crypto supposed to be about, crypto is about self custody, easy to use and no permission needed from anyone to use it every day. What we could do with that?