Reminder to all, that all the fancy contract things we can come up with on Bitcoin (for example Lightning) where the idea is to leverage the trustminimizing properties, will make higher value transactions cheaper, they wont make low value transactions possible; because the trust minimizing guarentees on an interaction rely on onchain transactions.
Plebs get rekt, you only have business onchain if you can afford to bribe a miner.
You will trust and you will be happy.
Constant
npub1t6…vksrw
2024-01-26 22:05:09
Author Public Key
npub1t6jxfqz9hv0lygn9thwndekuahwyxkgvycyscjrtauuw73gd5k7sqvksrwPublished at
2024-01-26 22:05:09Event JSON
{
"id": "8335ad0588d3e288fef652283a4e193566ddab280e8782df76e2b55070d87bd5",
"pubkey": "5ea4648045bb1ff222655ddd36e6dceddc43590c26090c486bef38ef450da5bd",
"created_at": 1706306709,
"kind": 1,
"tags": [],
"content": "Reminder to all, that all the fancy contract things we can come up with on Bitcoin (for example Lightning) where the idea is to leverage the trustminimizing properties, will make higher value transactions cheaper, they wont make low value transactions possible; because the trust minimizing guarentees on an interaction rely on onchain transactions.\n\nPlebs get rekt, you only have business onchain if you can afford to bribe a miner. \n\nYou will trust and you will be happy.",
"sig": "d0d480d23a2aaa9de77bc297f7fbe8b224dfe279db030d8ed0063914c50ba3150e66d62673d14544ca8e9e04f93b7cc30c9a1c0544f11a86a199436de6db55df"
}