broadmode on Nostr: I want #Bitcoin to win in the long term, and that means: 1. Resisting blocksize ...
I want #Bitcoin to win in the long term, and that means:
1. Resisting blocksize increases that would centralize the network; force horizontal scaling into batching and layer 2 tech. Think of layer 1 more like a settlement layer than for payments. Resist hard forks without extraordinary consensus.
2. Encourage a robust and formal fee market *ahead* of the end of the block subsidy so that that it can be proved out when there is still plenty of time for improvements.
3. Hammer on privacy, push for coinjoin and payment codes (paynym, bolt11), and shine a light on the dangers of kyc and the extreme traceability of #Bitcoin.
4. Do not give custodial solutions a pass. Be relentless in pushing for self-custody. 21m only works when the people hold #Bitcoin, not paper promises.
5. Mine at home. Convert electricity into unregistered sats. Provide defensible baseline defense for the hashrate.
1. Resisting blocksize increases that would centralize the network; force horizontal scaling into batching and layer 2 tech. Think of layer 1 more like a settlement layer than for payments. Resist hard forks without extraordinary consensus.
2. Encourage a robust and formal fee market *ahead* of the end of the block subsidy so that that it can be proved out when there is still plenty of time for improvements.
3. Hammer on privacy, push for coinjoin and payment codes (paynym, bolt11), and shine a light on the dangers of kyc and the extreme traceability of #Bitcoin.
4. Do not give custodial solutions a pass. Be relentless in pushing for self-custody. 21m only works when the people hold #Bitcoin, not paper promises.
5. Mine at home. Convert electricity into unregistered sats. Provide defensible baseline defense for the hashrate.