Why Nostr? What is Njump?
2024-11-12 15:36:31
in reply to

thePR0M3TH3AN ✝️ 🥩 🍊 on Nostr: Bitcoin prioritizes decentralization and security, which are essential to maintaining ...

Bitcoin prioritizes decentralization and security, which are essential to maintaining trust in the network. That’s what gives Bitcoin its value and, yes, what ultimately affects price.

Scaling Bitcoin's base layer without compromising on these fundamentals simply isn’t possible—fast and cheap transactions are secondary to trust. We want price, adoption, and security to grow, but that means making strategic trade-offs.

That’s why Lightning exists, to make Bitcoin faster and more efficient for smaller, everyday transactions. It doesn't sacrifice the base layer’s security or decentralization, nor does it attempt to be a ‘trustless’ system on its own. Think of it as a convenience layer on top of Bitcoin, not a replacement for what makes Bitcoin unique. And as adoption grows, Lightning will evolve to be more accessible.

It’s a hard pill to swallow, but adults understand that you can’t have everything without compromise. I’m here for Bitcoin’s long-term resilience, not a quick-fix solution.

There will always be a new, better faster or whatever coin by some metric but there will never be another Bitcoin Network. This is where the value is. This is where the trust is. I don't think sacrifice security for convenience is ever a good idea for the global base layer of money.

If we want as many people as possible to run full nodes then this is the way.

If you need to buy a coffee, use Lightning. It's easy, fast and cheap.
Author Public Key
npub15jnttpymeytm80hatjqcvhhqhzrhx6gxp8pq0wn93rhnu8s9h9dsha32lx