I addressed that people want different things from bitcoin, that’s why I bucketed these different views into personas (suits,devs, and the majority)
During the signaling processes prior to taproot’s activation. Taproot was being sold as a privacy upgrade to bitcoin which hasn’t materialized. Now the goal post has been shifted to the smart contract narrative. Taproot is no different than a shitcoin -it has become a solution in search of a problem.
Not sure why you are saying we need taproot to be able to create a polymarket that uses Bitcoin. Anyone can create a polymarket with bitcoin as the currency without taproot. No matter what something like polymarket will have to have a level of centralization and an oracle. polymarket can’t really be 100% automated user input is required. Btw we should not be making base level changes to the bitcoin protocol for a “native bitcoin polymarket”
My point is there hasn’t been anything built that solidifies that the taproot activation has been a net positive so far. I personally don’t think it will ever be justified because the negative implications like tether on lightning will outweigh any good that taproot does.
Puzzles /
npub12r…t9qrx
2025-02-21 17:51:42
in reply to nevent1q…ryyk
Author Public Key
npub12r0yjt8723ey2r035qtklhmdj90f0j6an7xnan8005jl7z5gw80qat9qrxPublished at
2025-02-21 17:51:42Event JSON
{
"id": "9d80dc5a406c78bbc1b26783ec0465b05dade1184174c8892a476b59f09883bb",
"pubkey": "50de492cfe5472450df1a0176fdf6d915e97cb5d9f8d3eccef7d25ff0a8871de",
"created_at": 1740160302,
"kind": 1,
"tags": [
[
"e",
"716b0a1af27b85bd09e4a55ded177928d5aa09612c2160824ed26184fe21f94f",
"",
"root"
],
[
"e",
"97417045cff3d0a808881f1fa71d7f23181af5d5085d6f437d8a28061a5e3013",
"",
"reply"
],
[
"p",
"6cc4225f7970c56b9f4a1784a85ddbbde97599e365ba8c864a4d9105942b7222"
]
],
"content": "I addressed that people want different things from bitcoin, that’s why I bucketed these different views into personas (suits,devs, and the majority) \n\nDuring the signaling processes prior to taproot’s activation. Taproot was being sold as a privacy upgrade to bitcoin which hasn’t materialized. Now the goal post has been shifted to the smart contract narrative. Taproot is no different than a shitcoin -it has become a solution in search of a problem.\n\nNot sure why you are saying we need taproot to be able to create a polymarket that uses Bitcoin. Anyone can create a polymarket with bitcoin as the currency without taproot. No matter what something like polymarket will have to have a level of centralization and an oracle. polymarket can’t really be 100% automated user input is required. Btw we should not be making base level changes to the bitcoin protocol for a “native bitcoin polymarket”\n\nMy point is there hasn’t been anything built that solidifies that the taproot activation has been a net positive so far. I personally don’t think it will ever be justified because the negative implications like tether on lightning will outweigh any good that taproot does.",
"sig": "3376252f766b4ed15ddab59e2a9d49dd4cb96d7cb2dec7888f48dd7893553c59ce3664a4e35f2b5695135b734e2b52794f9cfac41216ece81dd68b988047b698"
}