niltempus on Nostr: I'm pro 100% pro BTC, but the Acquiles heel is layer 2+. The incentives lead to "free ...
I'm pro 100% pro BTC, but the Acquiles heel is layer 2+. The incentives lead to "free banking" and fractional reserves as people are priced out of transacting on L1.
Published at
2024-07-04 17:48:17Event JSON
{
"id": "0ce0a6a9cea07c2de267e4f070c5f3cd5fe936ef00ee453f4ee55e84507037a5",
"pubkey": "c671f520a2f7b526078d080dd9407043b8c05581f395a07aab32ab1388910158",
"created_at": 1720115297,
"kind": 1,
"tags": [
[
"e",
"4e196356b3536870081323d30521570650c86bbcb4aaffa691e7812d3151623a",
"",
"root"
],
[
"p",
"10ada595db93e75edc580ff56b06613c6afd3c5fb17803ee77b7fb03523d7980"
]
],
"content": "I'm pro 100% pro BTC, but the Acquiles heel is layer 2+. The incentives lead to \"free banking\" and fractional reserves as people are priced out of transacting on L1.",
"sig": "153cc5ca204926f70cd4f1699f8bb014163f51e239047cdd6be7ea8c51732caff4b367fff30fbde2e62e48c790832428e85d8eb45c88eba311119aaf676eb205"
}
