B.O.P on Nostr: I agree that we need to protect the main use case of Bitcoin as money, but changes to ...
I agree that we need to protect the main use case of Bitcoin as money, but changes to the protocol in order to do this need to be taken very seriously and we need to think if it’s long term needed at all.
The majority of people that are using Bitcoin for data storage are trying to resell what they are inscribing for a profit. The hype will eventually die off and so will the expectation of profit. If the free market can solve our problems, doing nothing may be the best thing we can do.
There’s a small minority of these people actually trying to store data in an immutable way, but as NOSTR as a protocol grows I think these people will naturally move here to do this.
Just my 2 sats hope I wasn’t rambling
The majority of people that are using Bitcoin for data storage are trying to resell what they are inscribing for a profit. The hype will eventually die off and so will the expectation of profit. If the free market can solve our problems, doing nothing may be the best thing we can do.
There’s a small minority of these people actually trying to store data in an immutable way, but as NOSTR as a protocol grows I think these people will naturally move here to do this.
Just my 2 sats hope I wasn’t rambling