1ts_proto
Yeah it doesn't really make sense to use bitcoin as currency (for normal day to day transactions) or short emergency fun currently, in order to reach sufficient stability to be an effective base currency, it either…
Not sure I understand what you mean by "its connection with the economy of ordinary people will be very indirect this may also limit the speed of adoption", why would expensive transaction costs at the end state slow…
Like you say I think it's actually good to be conservative on the base layer (and the developers are actually a lot less conservative than node runners I would argue, just look at what's happening with knots), because…
Bitcoin as a layer 1 will serve as the foundational currency for a revamped financial system. Right now, its main value for most people comes from being a store of value, but that’s bound to change. In the future,…
- The Scarcity CrisisSep 1, 2023
In aggregate, there has never been more resources than at any point in the past. The issue is the distribution, which has increasingingly centralized, one of the upstream root causes of which is the regressive inflation…