JaakkoMultanen on Nostr: I'm not sure if looking at it that way is helpful. Most people in the world: 1) Are ...
I'm not sure if looking at it that way is helpful. Most people in the world:
1) Are mathematically unable to ever use the base chain (not enough space)
2) Don't need the expensive security assurances of the base chain
3) Are not interested in that level of self-sovereignty, probably for valid reasons
4) Will not be spinning up the tech stack required for "full" self-sovereignty
...and they can still escape the curse of central banking with this "not bitcoin" - which carries like 90% of the value promise of on-chain bitcoin.
I get the "technical" point, I just think we should be mindful of our focus.
1) Are mathematically unable to ever use the base chain (not enough space)
2) Don't need the expensive security assurances of the base chain
3) Are not interested in that level of self-sovereignty, probably for valid reasons
4) Will not be spinning up the tech stack required for "full" self-sovereignty
...and they can still escape the curse of central banking with this "not bitcoin" - which carries like 90% of the value promise of on-chain bitcoin.
I get the "technical" point, I just think we should be mindful of our focus.