HARD FACTS:
There's no such thing as a "shared" UTXO.
Lightning scales Bitcoin's throughput infinitely.
We can open billions of channels with current batching tech.
Lightning is simply not the bottleneck.
Unfortunately, the shitcoin mindset cannot fathom the success of Bitcoin for simply being what it is- and not what they project it to be. Bottlenecks must be contrived based on nothing but the urge to signal ones virtues.
Every few years we must endure these recycled and absurd projections of scale and functionally, coordinated in an "art of the deal"-like approach for forks that serve no purpose other than to paint Bitcoin as something malleable, bifurcated, and unstable.
Predators lurk where prey are abundant, as proven by the most recent wave Fake Layer2 scams and Neobank-NGO's, sucking up Lightning developers to implement rails for digital dollars and other prom notes.
Such machinations are predicated upon the narrative that Lightning is somehow inadequate for Bitcoiners, despite the fact that it is literally reusable Bitcoin transactions ad infinitum.
If you cannot afford a UTXO, you must trust others who can. There are no exceptions to this, it is a fact of Bitcoin's workings, not an opinion. Abstractions claiming the contrary are simply not Bitcoin, they are credits, aka shitcoins, which already exist in spades.
Lightning can only be inadequate if you never accepted Bitcoin for what it is in the first place, so go enjoy your shitcoins.
shocknet_justin / Justin (shocknet)
npub1xv…e64sa
2024-03-06 15:44:11
Author Public Key
npub1xvtwx6tduaxnn9v3y7uasskl277achgu0tu2qncmc7hdsz6y2zyqce64saPublished at
2024-03-06 15:44:11Event JSON
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"content": "HARD FACTS:\n\nThere's no such thing as a \"shared\" UTXO.\n\nLightning scales Bitcoin's throughput infinitely. \n\nWe can open billions of channels with current batching tech.\n\nLightning is simply not the bottleneck.\n\nUnfortunately, the shitcoin mindset cannot fathom the success of Bitcoin for simply being what it is- and not what they project it to be. Bottlenecks must be contrived based on nothing but the urge to signal ones virtues.\n\nEvery few years we must endure these recycled and absurd projections of scale and functionally, coordinated in an \"art of the deal\"-like approach for forks that serve no purpose other than to paint Bitcoin as something malleable, bifurcated, and unstable.\n\nPredators lurk where prey are abundant, as proven by the most recent wave Fake Layer2 scams and Neobank-NGO's, sucking up Lightning developers to implement rails for digital dollars and other prom notes. \n\nSuch machinations are predicated upon the narrative that Lightning is somehow inadequate for Bitcoiners, despite the fact that it is literally reusable Bitcoin transactions ad infinitum.\n\nIf you cannot afford a UTXO, you must trust others who can. There are no exceptions to this, it is a fact of Bitcoin's workings, not an opinion. Abstractions claiming the contrary are simply not Bitcoin, they are credits, aka shitcoins, which already exist in spades.\n\nLightning can only be inadequate if you never accepted Bitcoin for what it is in the first place, so go enjoy your shitcoins.",
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}