TerminatorB on Nostr: Hear me out; Not Ethereum. Not Solana. Not ADA. Bitcoin. Why? Its slow. Its old. ...
Hear me out;
Not Ethereum.
Not Solana.
Not ADA.
Bitcoin.
Why? Its slow. Its old. Its….
1) Decentralized 100% (ethereum hard forked a few times, for example, who’s to say they wont hard fork or freeze a transaction in the future?)
2) Regulated
There are legal frameworks that allow even banks to purchase BTC. There are non for ETH and other coins.
3) Commodity
Has a fixed supply. No “foundation” can change this. The rules are set in stone.
4) Proof of work.
Doing gymnastics is work, saying you understand gymnastics is “theory”. The practice shapes your thoughts and creates a level of difficulty. The theory is horseshit.
5) Its not slow.
Layer 1 is for settling transactions and it takes 10-30m.
Did you know that the Layer 1 of a bank transaction is 5 dats?
Visa and Mastercard use Layer 2 for transferring funds.
Lightning Network is the Layer2 of Bitcoin. What Visa is to banks.
Not Ethereum.
Not Solana.
Not ADA.
Bitcoin.
Why? Its slow. Its old. Its….
1) Decentralized 100% (ethereum hard forked a few times, for example, who’s to say they wont hard fork or freeze a transaction in the future?)
2) Regulated
There are legal frameworks that allow even banks to purchase BTC. There are non for ETH and other coins.
3) Commodity
Has a fixed supply. No “foundation” can change this. The rules are set in stone.
4) Proof of work.
Doing gymnastics is work, saying you understand gymnastics is “theory”. The practice shapes your thoughts and creates a level of difficulty. The theory is horseshit.
5) Its not slow.
Layer 1 is for settling transactions and it takes 10-30m.
Did you know that the Layer 1 of a bank transaction is 5 dats?
Visa and Mastercard use Layer 2 for transferring funds.
Lightning Network is the Layer2 of Bitcoin. What Visa is to banks.