Financialization is cool and all but what if a company actually used bitcoin?

Hundreds of European Starlings 🔊

Nostr: orange coin good Twitter: Bitcoin good Bluesky: Here’s some things you may not know about bitcoin

*chiseling wood* Hand fitting parts is the “it works on my machine” of the physical world

Dusting off these old things ⛏️

👁️👁️

Multiple takes from OPNEXT: We are not hitting Bitcoin scaling limits We have half a billion+ transacting Bitcoin users before we get there My own take: we still have not seen the killer Bitcoin app that truly utilizes bitcoin in a mass market way, and what’s holding that back is not op codes

I’m an optimist. I understand Trump is a politician and politicians lie, and what we will get will likely not be exactly right and can even go the other way. But any of this being 10% true will be a big shift from what we’ve had the last 4 years I’ve seen Ryan Selkis torch himself twice on very contrarian views (gox, this election), but both times he’s been right and come out ahead. I don’t always agree but it’s hard to not pay attention

This is Trump’s written crypto platform "We will...ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control."

Not spending your bitcoin when it 20Xs in purchasing power is a very rare thing

Where does this meme come from? Conflating unit of account (hard) with medium of exchange (have had this since lightning + global BTC/fiat liquidity) View quoted note →

Here's the issue with the stablecoins --> bitcoin supposed pipeline meme. The steps: 1. Add stablecoins to <x> 2. People become familiar with blockchain tech 3. People realize bitcoin better The reality 1. Add blockchain exposing anything to <x> 2. People use something else Nothing will gain mainstream adoption by adding tech that no one cares about. No one adopts any new tech by learning about the underlying mechanisms. I know you learned about bitcoin because you felt left out in 2017 and bought cardano and now that you really understand the tech and the economics you run a bitcoin node, but consider for a second that you are remarkably abnormal (it's ok) We succeed when all of this is invisible to the average user. The app that achieves MOE: - Looks like any money app - Allows choice of unit account (the true hurdle for bitcoin) by integrating seamlessly with existing rails - Offers lower fees, global reach by nature of using bitcoin Stablecoins are fragile. There is nothing stable about having your balance pulled over night because your issuer: 1. Used the wrong bank / bought the wrong assets with the treasury 2. Received a government request to delete your grocery budget.

MOE

If we get anywhere close to a billion, it’d be incredible @nprofile1qqszha2r5erjvqxfe30wfdgfkgcxm40vs03d4eeucny2yxhwrz5qcccxjsg04

Too many Saylors not enough @Roy s

Bull market. Chains full right?

Tick tock

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