Sovereign Matt on Nostr: Hubris is thinking Bitcoin is perfect already. L1 fees are now been ranging from at ...
Hubris is thinking Bitcoin is perfect already.
L1 fees are now been ranging from at least $2 to $15 for the last 2 months.
Making self custdial lightning unviable as it’s too expensive to open channels for vast majority of people.
We need layer 2s that are dependent on L1.
Also, bitcoins privacy is currently terrible. It’s an open transparent global ledger for everyone to see.
Being honest about bitcoins weaknesses is how we make it perfect.
Telling people who challenge the Bitcoin status quo to go play with altcoins is what legitimises shitcoins and scammers.
L1 fees are now been ranging from at least $2 to $15 for the last 2 months.
Making self custdial lightning unviable as it’s too expensive to open channels for vast majority of people.
We need layer 2s that are dependent on L1.
Also, bitcoins privacy is currently terrible. It’s an open transparent global ledger for everyone to see.
Being honest about bitcoins weaknesses is how we make it perfect.
Telling people who challenge the Bitcoin status quo to go play with altcoins is what legitimises shitcoins and scammers.