We could have had a zcash drivechain for privacy and a couple big block chains for scaling years ago. The developers dropped the ball.

shuda wuda cuda

still can code is written well have to run the cusf

You don't run an email server on your phone, or any other kind of server, because that's retarded. And Matt suggesting that Lightning's path is mobile is gaslighting bullshit Mobile nodes are DEAD. Phoenixd, Breeze Greenlight, even mutiny-server, are your pivot signal. And now Lightning.Pub is the p2p Nostr overlay for servers.

If lightning doesn’t have noncustodial mobile, people will just use custodial mobile. I’m all for pleb routing nodes, in fact the only way to get noncustodial mobile at all may be if they exist, but we’ve seen time and time and time again that the vast majority of people will always only install an app.

Because setting up a server isn't as easy as installing an app, pub makes server setup easy cheese. Non-custodial mobile is a wasted channel, more pubs = family nodes... Not large custodians.

I’m quite skeptical that solution scales, but I’m really happy people are still trying to make it a reality, and if it does get big, I’ll be ecstatic!

might be helpful to add a link to the RSS feed on here for those of us still doing that.

🕊️🧡 🫂

I say relax and let the incentives do their thing. If the incentives fail then rejoice because we all will no longer be wasting our time.

This is a good one 😍

unusable as a medium of exchange with no privacy, being taken over by wall street?

Agree. It's circular economy or go bust. Even more so for BTC than for XMR, which would survive as underground money.

lol

lol

and just decentralized sidechains for commerce

"we just haven’t cracked building cryptocurrency payment rails without an (untrusted!) party being involved." And you probably never will. Because that is precisely what makes bitcoin such hard money. It's why everything else is shitcoins. The tradeoff always will be decentralization vs throughput. So, use the shitcoins for coffee money and use bitcoins for auditable (!) base money, as an unimpeachable mark-to-market for the entire financial system. We have to stop this nonsense of trying to be all things to all people, we have tradeoffs , they will never go away, recognise this and build around it. Stop the hand wringing already !

👇👌👌🔥🔥👌👌👇 View quoted note →

Too much freaking out sir, chill.

“Charge the mining algorithm” is the new “Gigameg”

This is why you eat meat.

Bitcoiners need to wake up. Things are not going great for Orange Coin, at least if you care about more than price.

From block size wars to fiat whores.

Hard nut to crack. Maybe it's time for a high profile court case both in eu and US defending the right of transacting, mixing etc? We can crowdfund those. Fortunately though mining is centralized it's not under one jurisdiction.

I think enterprise AI will demand so much power the bitcoin mining will become less comercial and centralized abd more purpose driven and decentrized.

If bitcoin price keeps appreciating bitcoiners will have more and more economical power. Miners sell bitcoin in their business model. Self interested hodlers with their node ans bitcoin will become more economically relevant then miners. This can potentially shift the power balance.

Existential is a strong word

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