Hubris is thinking Bitcoin is perfect already.
L1 fees are now been ranging from at least $2 to $15 for the last 2 months.
Making self custdial lightning unviable as it’s too expensive to open channels for vast majority of people.
We need layer 2s that are dependent on L1.
Also, bitcoins privacy is currently terrible. It’s an open transparent global ledger for everyone to see.
Being honest about bitcoins weaknesses is how we make it perfect.
Telling people who challenge the Bitcoin status quo to go play with altcoins is what legitimises shitcoins and scammers.
Sovereign Matt
npub1fl…zeknp
2023-12-10 04:54:26
in reply to nevent1q…de7d
Author Public Key
npub1fl7pr0azlpgk469u034lsgn46dvwguz9g339p03dpetp9cs5pq5qxzeknpPublished at
2023-12-10 04:54:26Event JSON
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"content": "Hubris is thinking Bitcoin is perfect already.\n\nL1 fees are now been ranging from at least $2 to $15 for the last 2 months.\n\nMaking self custdial lightning unviable as it’s too expensive to open channels for vast majority of people.\n\nWe need layer 2s that are dependent on L1.\n\n\nAlso, bitcoins privacy is currently terrible. It’s an open transparent global ledger for everyone to see. \n\n\nBeing honest about bitcoins weaknesses is how we make it perfect. \n\nTelling people who challenge the Bitcoin status quo to go play with altcoins is what legitimises shitcoins and scammers.",
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