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.
NVK
npub1az…am8y8
2024-02-21 12:48:56
Author Public Key
npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8Published at
2024-02-21 12:48:56Event JSON
{
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"pubkey": "e88a691e98d9987c964521dff60025f60700378a4879180dcbbb4a5027850411",
"created_at": 1708519736,
"kind": 1,
"tags": [],
"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.",
"sig": "6e7af161b5808866f418bd1ff8d714770845cb29549c5cabdb2557b67b25e7164901e83f75ece969f967fd0dd39359576d007ad8a74f474c82891fabc6ef874c"
}