Not to be a hater but what did Jack Mallers actually do? Made a custodial Bitcoin wallet where nobody ever touches the Bitcoin?
He was clearly ahead of his time. E-cashers no doubt think that he is a visionary god 😁
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npub12a77...rdyd
chronic early adopter of decentralized tech :)
Monero shills be like “we buy more gift cards than bitcoiners!!!”
Yeah because you have no liquidity 😂
Bitcoin has zero adoption because Layer 1 is unusable. No privacy, dust everywhere (bitcoiners are arbitrary luddites that never accept improvements).
The “circular economy” will never happen on Layer 2 because it’s byzantine, ruggable, and just sucks compared to fiat.
If “means of exchange” never happens, “store of value” never happens either. View quoted note →
“And the name sucks too!” *spits on the ground* View quoted note →
Zaps are 100% stupid, yes. Conspicuous consumption.
View quoted note →
Shout out to @vik sharma for making the first Silent Payments wallet for Bitcoin.
Layer 1 is usable again. It feels like I stepped back into 2015! I highly recommend Cake Wallet if you’re wanting to just send someone Bitcoin and don’t want to bother explaining Layer 2 protocols just for a one time payment
Ecash or Lightning for a Bitcoin newbie is basically a non-starter. It’s just not happening unfortunately.
Bitcoin Silent Payments are surprisingly simple however. Stay on layer 1. Nice!