plusultra on Nostr: BTC morphed from P2P payments into "Digital Gold" long before governments got ...
BTC morphed from P2P payments into "Digital Gold" long before governments got involved.
The reframing came from within the Bitcoin community, as the payments application has, for the most part, been a failure. It was an internal pivot, not a pivot by government fiat.
It's on the Bitcoin community to morph it back into Satoshi's orginal vision of a P2P payments protocol. Governments are highly disincentivized against BTC P2P payments..
I think something like ecash 2.0, with "pretty good privacy", would the best approach for Bitcoin P2P.
Non-public transaction ledgers are a prerequisite for mass-adoptiom of any payment protocol.
The reframing came from within the Bitcoin community, as the payments application has, for the most part, been a failure. It was an internal pivot, not a pivot by government fiat.
It's on the Bitcoin community to morph it back into Satoshi's orginal vision of a P2P payments protocol. Governments are highly disincentivized against BTC P2P payments..
I think something like ecash 2.0, with "pretty good privacy", would the best approach for Bitcoin P2P.
Non-public transaction ledgers are a prerequisite for mass-adoptiom of any payment protocol.