Bitcoin is becoming increasingly inaccessible to the rest of the world because blockspace is being used for everything and anything other than transactions. I'm aware that competition for blockspace is a free market, but the more people are priced out of sending a transaction then how the fuck is Bitcoin 'freedom' money at all.
People say things like, oh, there's layer-2, but now we see that custodial layer 2 is getting shut down.
The people that need Bitcoin the most aren't going to be able to run a self custodial lightning node, and now there is the possibility that they won't be able to use Bitcoin in any meaningful way due to blockspace congestion because bitcoin is being used as a fucking database for every fucking shitcoin in town.
Sorry man, I'm wound up af.
Séimí Mac Síomón
npub1rj…accc9
2024-05-02 10:53:10
in reply to nevent1q…7vnl
Author Public Key
npub1rjwumr7j6tac08t0qttvc44walt549nc4eyyxjc0phn6yxzj7uzq0accc9Published at
2024-05-02 10:53:10Event JSON
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"content": "Bitcoin is becoming increasingly inaccessible to the rest of the world because blockspace is being used for everything and anything other than transactions. I'm aware that competition for blockspace is a free market, but the more people are priced out of sending a transaction then how the fuck is Bitcoin 'freedom' money at all. \nPeople say things like, oh, there's layer-2, but now we see that custodial layer 2 is getting shut down. \nThe people that need Bitcoin the most aren't going to be able to run a self custodial lightning node, and now there is the possibility that they won't be able to use Bitcoin in any meaningful way due to blockspace congestion because bitcoin is being used as a fucking database for every fucking shitcoin in town.\n\nSorry man, I'm wound up af.",
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