4thecross on Nostr: Fred, I think Anon makes a good point here. He is pointing out that Bitcoin is moving ...
Fred, I think Anon makes a good point here. He is pointing out that Bitcoin is moving away from the reason it was created in the first place. Also when you say the market says otherwise, I see what you’re saying but that’s because it is inevitable to go up so people are buying, yeah it basically is “digital gold.” But the point is that some of us don’t care about the USD value of Bitcoin and we care about decentralized private money. People can’t compete with mining anymore and if your every day lightning payments for a coffee or something is majority custodial, the entire point of Bitcoin’s creation is being missed
Published at
2024-10-21 12:24:53Event JSON
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"content": "Fred, I think Anon makes a good point here. He is pointing out that Bitcoin is moving away from the reason it was created in the first place. Also when you say the market says otherwise, I see what you’re saying but that’s because it is inevitable to go up so people are buying, yeah it basically is “digital gold.” But the point is that some of us don’t care about the USD value of Bitcoin and we care about decentralized private money. People can’t compete with mining anymore and if your every day lightning payments for a coffee or something is majority custodial, the entire point of Bitcoin’s creation is being missed",
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