chucklangstrumpf on Nostr: Im in it since a very long time, i fail to see BTCs importance more and more. It ...
Im in it since a very long time, i fail to see BTCs importance more and more.
It offers no privacy, gets AML and KYC´ed everywhere, anybody can see your transactions, still has a1mb blocksize, still has high tx fees onchain, is marketed as a store of value now, was a p2p currency once when i got excited about it.
Lightning promised and lied a lot and offered very little to scale in a self sovereign way.
Now people are stupid enough to want to use Liquid for scaling, a privately owned blockchain with their own shitcoin, which can censor transaction and will do everything the states want them to do... And you have to swap your bitcoin for their controlled shitcoin?
Seriously, why is BTC so important?
It has lost the properties which made it important and did not adopt features which would make it important, like privacy. CBDCs are coming and instead of helping us avoiding the tyranny, Bitcoiners are simping to politics and dont implement anything interesting because they want the state to buy the thing which should separate the money from the state...
Published at
2024-07-29 20:53:49Event JSON
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"content": "Im in it since a very long time, i fail to see BTCs importance more and more. \n\nIt offers no privacy, gets AML and KYC´ed everywhere, anybody can see your transactions, still has a1mb blocksize, still has high tx fees onchain, is marketed as a store of value now, was a p2p currency once when i got excited about it.\n\nLightning promised and lied a lot and offered very little to scale in a self sovereign way.\n\nNow people are stupid enough to want to use Liquid for scaling, a privately owned blockchain with their own shitcoin, which can censor transaction and will do everything the states want them to do... And you have to swap your bitcoin for their controlled shitcoin?\n\nSeriously, why is BTC so important? \n\nIt has lost the properties which made it important and did not adopt features which would make it important, like privacy. CBDCs are coming and instead of helping us avoiding the tyranny, Bitcoiners are simping to politics and dont implement anything interesting because they want the state to buy the thing which should separate the money from the state... ",
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