Doug on Nostr: I watched an earlier video workshop of his and I get the theory at least. What ...
I watched an earlier video workshop of his and I get the theory at least. What concerns me is that like gold and other commodities, they aren’t supposed to be serialized as they are 100% fungible. Once we serialize every single Sat, can you imagine when govts start to censor transactions because maybe you have a single Sat that was marked as stolen or scammed at one point in its history? There technically isn’t any token on the Bitcoin network, it’s all UTXOs. I like the technology, but don’t think this is where/how it should be used. Give us a follow up afterwards.
Published at
2023-02-11 20:03:30Event JSON
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"content": "I watched an earlier video workshop of his and I get the theory at least. What concerns me is that like gold and other commodities, they aren’t supposed to be serialized as they are 100% fungible. Once we serialize every single Sat, can you imagine when govts start to censor transactions because maybe you have a single Sat that was marked as stolen or scammed at one point in its history? There technically isn’t any token on the Bitcoin network, it’s all UTXOs. I like the technology, but don’t think this is where/how it should be used. Give us a follow up afterwards.",
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