StackSatsRaiseFamily on Nostr: Bitcoin can’t scale. It’s going to be too expensive and slow as more and more ...
Bitcoin can’t scale. It’s going to be too expensive and slow as more and more adopting occurs for regular joes to transact on the base layer. As fun as lightening is, it’s not a solution. It doesn’t support miners and channels are going to become more and more centralized that look a heck of a lot like banks. Saying that lightening, off-chain settlement, is a good way for BTC to scale, is counterintuitive to why we all got into BTC in the first place. There is a need for a digital layer 1 that can scale for this reason. BTC will be treated as a store of value, but not a unit of exchange for everyday use in my opinion.
Published at
2024-11-16 21:52:00Event JSON
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"content": "Bitcoin can’t scale. It’s going to be too expensive and slow as more and more adopting occurs for regular joes to transact on the base layer. As fun as lightening is, it’s not a solution. It doesn’t support miners and channels are going to become more and more centralized that look a heck of a lot like banks. Saying that lightening, off-chain settlement, is a good way for BTC to scale, is counterintuitive to why we all got into BTC in the first place. There is a need for a digital layer 1 that can scale for this reason. BTC will be treated as a store of value, but not a unit of exchange for everyday use in my opinion.",
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