NVK on Nostr: As the fees go up, ppl realize that bitcoin base layer is only for wire-transfer-like ...
As the fees go up, ppl realize that bitcoin base layer is only for wire-transfer-like economical transactions. Plebs will be priced out.
The bitcoin hardware wallet business is still going to grow for a few years, then only going to shrink
It will be a nice high security niche
Security is the # 1 feature, not losing your coins is the most important thing, grandma UX focus is high time preference distraction, global south base layer will be silly.
There is also a huge opportunity for bitcoin backed eCash affordable hardware as these are bearer tokens.
Stop designing for today.
Published at
2024-02-21 12:48:56Event JSON
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"content": "As the fees go up, ppl realize that bitcoin base layer is only for wire-transfer-like economical transactions. Plebs will be priced out.\n\nThe bitcoin hardware wallet business is still going to grow for a few years, then only going to shrink\n\nIt will be a nice high security niche\n\nSecurity is the # 1 feature, not losing your coins is the most important thing, grandma UX focus is high time preference distraction, global south base layer will be silly.\n\nThere is also a huge opportunity for bitcoin backed eCash affordable hardware as these are bearer tokens.\n\nStop designing for today.",
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