If #bitcoin can't scale to at least two to four billion people without sacrificing self-sovereignty, it will have failed as a peer-to-peer electronic cash system.
It may still become the ultimate store of value and even the global reserve currency of the future, and we may all get rich in the monetisation process, but it will have failed at what it was intended to do.
It may have solved an important problem of centralised money creation, but it won't empower individuals in the way it was intended.
I hope we will find solutions to the hard problems in front of us.
Toshi
npub108…32vph
2024-03-29 12:46:02
Author Public Key
npub1082rg9mtv3696funeuc87gyk0cnez2v57m5pvvk7rrdrzpkzew6qd32vphPublished at
2024-03-29 12:46:02Event JSON
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"pubkey": "79d434176b64745d2793cf307f20967e27912994f6e81632de18da3106c2cbb4",
"created_at": 1711716362,
"kind": 1,
"tags": [],
"content": "If #bitcoin can't scale to at least two to four billion people without sacrificing self-sovereignty, it will have failed as a peer-to-peer electronic cash system.\nIt may still become the ultimate store of value and even the global reserve currency of the future, and we may all get rich in the monetisation process, but it will have failed at what it was intended to do.\nIt may have solved an important problem of centralised money creation, but it won't empower individuals in the way it was intended.\nI hope we will find solutions to the hard problems in front of us.",
"sig": "6f79091735ad01ef5681a57982193411ef6cb92ca8f0c094ff87122edd87da9a45bbfa155c593bcee3153006bd924e6990bd40e94c0038fd80fdce208c3a2a97"
}