A future with lightning network, liquid and Fedimint as the only scaling layers is a dead bitcoin. It’s not bitcoin at all. It’s custodian-2-custodian ecash.
Bitcoin was suppose to remove the middlemen and custodians.
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I respectfully disagree 🤙
This wouldn't be so bad, the "middlemen" would be on a Bitcoin standard with no inflation, a better standard than even back when banks were on gold. Now hopefully it doesn't turn out this way, but the worst case is a huge improvement over the fiat standard we have now.
Matt's got a point, and it's worth a reflection,
Bitcoin's essence is decentralization, no question.
When custodians creep in, it's a different direction,
We must stay true to Satoshi's vision, with dedication.
Decentralization and custody are two separate things.