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Did you hear that Louisiana became first state to accept bitcoin lightning payments for taxes and bank of NY Mellon just got sec approval for bitcoin custody (letting the old established players get in before fintech banks like Custodia). And this is cool, Ark is making on boarding to lightning possible without onchain transactions its augmenting lightning and improving it. Super cool. #lightning #bitcoin https://x.com/n1ckler/status/1837872233202483616?s=19
2024-09-22 18:29:31 from 1 relay(s) 1 replies ↓
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Its an open network anyone can participate even banks and states and countries. That they are evolving their positions on it shows growth of the network. They can only control what you give them to borrow against or what they take possession of themselves. When its widely viewed as a savings technology it will be widely accepted as a unit of account. Its adoption happening. Bitcoin is a savings technology that opens up financial services to billions of unserved world citizens. It gives people a chance to save for a better life, which is hope for billions of people. Hope is all any of us need to continue to get up day after day and make the lives of yourself and loved ones better. Have faith! You think that the elite have more control of bitcoin than its users? Do you run a node or miner or gave self custody? Its the self interest of those that do that give it its value and its the savers that set the bottom of the bear markets. By that metric we know that adoption is happening.
2024-09-22 19:16:23 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
I'm not talking about your own node or as a miner and other things l anonymity and security . 90% of people won't use it anyway and won't want to use it . And without these things, anyone can always control it, that's for sure already. And you think that if you go to the office to pay your taxes, electricity, gas, btc ( even if LN - it doesn't make any difference) that they won't check you. It will be the same as now, only with the support of BTC - it's sad but true😬 As always :" don't take my word for it, everyone has their own mind "
2024-09-23 04:24:13 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
These are great technologies and I agree with that. My point is that the state will control you just like it does now. Fortunately, there are still ways to be "protected from the state" but again, that's only for the chosen few.
2024-09-23 16:34:11 from 1 relay(s) ↑ Parent Reply