goatmeal on Nostr: the number of people who are willing and capable of being sovereign is much greater ...

the number of people who are willing and capable of being sovereign is much greater than what bitcoin can handle. forget about the untermenschen for a second and imagine the wet dream of the bitcoin maximalist. if everyone who was sovereign in altcoins and all the other alternatives all of the sudden got the light of the holy spirit and felt called back into bitcoin, the network would choke to death with or without lightning. there is simply not enough room for everyone who is worthy of their own channels to have them, and almost nobody who is a maxi even thinks this is a problem.

instead of making self-custody more accessible, the developers have turned their backs on the most valuable users in order to cater to people who couldn't pour piss out of a boot if the instructions were on the heel. a payment channel solution that cannot scale without shoving almost everyone into a custodian, a privacy tool with ruggable IOUs, and the worst sidechain I have ever seen with a freaking consortium security model. and now we have bitcoin that can be printed out of thin air, frozen, censored. these are the trappings of what you call shitcoins, but "it's okay when we do it." that's where almost all the effort is being focused right now. all in a vain attempt to accommodate ignorant people who would stay away from bitcoin without a second thought if the TV told them to. I fail to see how stripping bitcoin of all of its benefits in an attempt to make it more retard-proof is going to help anyone.