₿D on Nostr: I figured it out in probably 40 hours. I wasnt much exposed to bitcoin, nobody talked ...

I figured it out in probably 40 hours. I wasnt much exposed to bitcoin, nobody talked about it. But when I started to hear 2 people I saw daily talk about bitcoin, I listened and figured out it had promises for one of them. The other one only focused on making money. He lost half of his money I guess. Funny.

I decided that when I had the time I would learn about it, especially when the first one told me Bitcoin was really important to learn. I asked him why, he couldnt explain. I had to read it first. He suggested me a book but I didnt do anything with it. Had no time. But one year later I encountered a video from 3blue1brown and he explained it to me so clearly.

At that point I was curious. I knew I couldnt and probably wont understand alot of the underlying mechanics, but I atleast knew why it was so secure. I started reading alot articles (no podcast as those are generally to slow for me.) And I watched simple short animated videos. After this I tought I knew the basics enough to dive into how to use it. Probably 12 hours worth of studying? I found out about hardware wallets and such. I had already created a wallet a year prior to know how it went. I didnt understand much at the time but it was easy to resume. The scaling problems were something that I was weary of. Both sides of the blockwar had some valid points. I knew about lightning but saw articles about how that went to centralization. My turning point was when reading an article explaining economic incentives to create mega nodes. The author didnt saw a problem as he tought everybody would check those mega nodes. I knew that wasnt true, and at the time I also figured out that bitcoin cash and sv were not possible to run at my laptop. Later I saw an article that explained how much blocksize was needed to facilitate transaction compared to visa. Gigabytes per minute. Incredible unsustainable, and I didnt know why the big blockers didnt mention this issue.

For me its clear, not many things can scale up to any situation or desire. Gold cant, silver cant, banking systems cant, etc. So its normal that btc cant too. 2nd layer is the only solution. I was still weary about the centralization features of Lightning, as those seem legit. However, its currently the only way.

So now my main problems are miner cencorship (forced by state) and blockchain size growth. Monero solved the anonimity problem, so I believe bitcoin will too find a way to do something like this. The scaling problem is the only real problem that I really do believe can doom Bitcoin if we wont find a solution to this. However, blockchain tech is young, so innovation is everywhere.

Maybe my learning time was 60 hours, now that I look back. But I dont count echo chambers as learning Haha.