Taproot fixes this. We can build an entire free market on top of Bitcoin — and that’s just Layer 1. Payments are only the first use case.
Imagine everything you built at Twitter and at Block, but recorded on a timechain to prevent double-spending. You can go multiple layers deep, and each layer still outperforms the current fiat system.
Now think about what this unlocks for Cash App: by adding first truly non-rigged free market.
And the best part? npubs and Taproot addresses are fundamentally the same — just different prefixes. The social layer is already in place.
We just need to study Taproot and start using it.
melvincarvalho / Melvin Carvalho
npub1me…t5c24
2025-03-31 18:34:40
in reply to nevent1q…m99a
Author Public Key
npub1melv683fw6n2mvhl5h6dhqd8mqfv3wmxnz4qph83ua4dk4006ezsrt5c24Published at
2025-03-31 18:34:40Event JSON
{
"id": "fc1fba089101ca0347fa051e2ee38e08d97af319d37176e020ad7b6f669c1a19",
"pubkey": "de7ecd1e2976a6adb2ffa5f4db81a7d812c8bb6698aa00dcf1e76adb55efd645",
"created_at": 1743446080,
"kind": 1,
"tags": [
[
"e",
"cc805bcfc0c4aa11c9714df05b14168b74b3a48f7e34b8258e2446831cdc56a4",
"wss://ditto.pub/relay",
"root",
"82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2"
],
[
"e",
"cc805bcfc0c4aa11c9714df05b14168b74b3a48f7e34b8258e2446831cdc56a4",
"wss://ditto.pub/relay",
"reply",
"82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2"
],
[
"p",
"82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2",
"wss://ditto.pub/relay"
]
],
"content": "Taproot fixes this. We can build an entire free market on top of Bitcoin — and that’s just Layer 1. Payments are only the first use case.\n\nImagine everything you built at Twitter and at Block, but recorded on a timechain to prevent double-spending. You can go multiple layers deep, and each layer still outperforms the current fiat system.\n\nNow think about what this unlocks for Cash App: by adding first truly non-rigged free market.\n\nAnd the best part? npubs and Taproot addresses are fundamentally the same — just different prefixes. The social layer is already in place.\n\nWe just need to study Taproot and start using it.",
"sig": "4b1598e583e854cc8668f783f446385c8b3349e4aaebfd769d52ffb63fbdad17302b280bfdd3becf485bc80b84c83260a7804c54c0cba835ac9ff32332a30119"
}