Is a fedimint a possible way to move the US dollar onto a Bitcoin standard? I don’t see why Bitcoin still couldn’t be legal tender, but could this be a simple way to get the general population onto Bitcoin? What are the pros and cons?
Ideally, everyone learns how to self-custody, but I know boomers who have 17 Facebook accounts because they keep forgetting their passwords and just create new accounts. I couldnt imagine trying to help them remember their seed phrases.
#bitcoin
#plebchain
bobby / Bobby
npub10c…k94en
2023-03-08 01:40:53
Author Public Key
npub10cnmvpgt7ppgzhlw8rpm359twwqz5yrjd5v06k8uelv9z4u359ss2k94enPublished at
2023-03-08 01:40:53Event JSON
{
"id": "d8bd5963e2f0e2db00f9aa5acc9ca8bc2f0dfb80ed13d7bfc2c146bf64453c3e",
"pubkey": "7e27b6050bf042815fee38c3b8d0ab73802a10726d18fd58fccfd8515791a161",
"created_at": 1678239653,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"plebchain"
]
],
"content": "Is a fedimint a possible way to move the US dollar onto a Bitcoin standard? I don’t see why Bitcoin still couldn’t be legal tender, but could this be a simple way to get the general population onto Bitcoin? What are the pros and cons?\n\nIdeally, everyone learns how to self-custody, but I know boomers who have 17 Facebook accounts because they keep forgetting their passwords and just create new accounts. I couldnt imagine trying to help them remember their seed phrases.\n\n#bitcoin\n#plebchain",
"sig": "537370f3da2741ced00774415f92ca9c0e0382163e21412b26749361daffe23d0a0a34d435a97fd6014283f7854c4acee5b50183cc5e1283516737ca1fedb32f"
}