Cyber Seagull on Nostr: So you read "create", like that idiot piere rochard, stoped reading and interpreted ...
So you read "create", like that idiot piere rochard, stoped reading and interpreted it as a supply violation.
If i take a picture of you having sex with a watermelon and print it out as evidence to the police, am i "creating" you ? No dumbass. Layer two's are one layer above, they are not creating new bitcoins. The original remains in an escrow for the project. It's pegged to a "fake" bitcoin or token on the layer 2 that cannot be exchanged for more than what went in.
Its like a gold backed bank you can watch and guarantee through code and vetting, that they are not doing fractional reserve banking.
Now after reading the ENTIRE proposition, take a few ninutes to think about your life and how many mistakes you've made by not reading the whole goddamed thing.
If i take a picture of you having sex with a watermelon and print it out as evidence to the police, am i "creating" you ? No dumbass. Layer two's are one layer above, they are not creating new bitcoins. The original remains in an escrow for the project. It's pegged to a "fake" bitcoin or token on the layer 2 that cannot be exchanged for more than what went in.
Its like a gold backed bank you can watch and guarantee through code and vetting, that they are not doing fractional reserve banking.
Now after reading the ENTIRE proposition, take a few ninutes to think about your life and how many mistakes you've made by not reading the whole goddamed thing.