tekne on Nostr: Bitcoin has zero adoption because Layer 1 is unusable. No privacy, dust everywhere ...
Bitcoin has zero adoption because Layer 1 is unusable. No privacy, dust everywhere (bitcoiners are arbitrary luddites that never accept improvements).
The “circular economy” will never happen on Layer 2 because it’s byzantine, ruggable, and just sucks compared to fiat.
If “means of exchange” never happens, “store of value” never happens either.
People coming up with their amazing "self-sovereign" setup for using Bitcoin, meanwhile Bitcoin has zero adoption therefore the amazing setup gets more useless every day.
Published at
2024-06-30 15:37:35Event JSON
{
"id": "36d66669841cbd571ea2ca09b680918e5dced89580877bda8d2faff82e406886",
"pubkey": "577de06dce160a0379163a4bb7b680be3e0a0e1c68de6e6ba8c01134b44064dd",
"created_at": 1719761855,
"kind": 1,
"tags": [
[
"p",
"3bf0c63fcb93463407af97a5e5ee64fa883d107ef9e558472c4eb9aaaefa459d"
],
[
"p",
"3bf0c63fcb93463407af97a5e5ee64fa883d107ef9e558472c4eb9aaaefa459d"
]
],
"content": "Bitcoin has zero adoption because Layer 1 is unusable. No privacy, dust everywhere (bitcoiners are arbitrary luddites that never accept improvements). \n\nThe “circular economy” will never happen on Layer 2 because it’s byzantine, ruggable, and just sucks compared to fiat. \n\nIf “means of exchange” never happens, “store of value” never happens either. nostr:note1zz66938nr8eawfnncwyvpfz0yy222469fc7gk992gu8dtvx3ydzq9ay7ev",
"sig": "ecb2460a8f30d9d33ec78bac93569ab8ebf96cbe12ada0fbe29ded5c847c5a5db02fb931a8c6a83ddc15864323773d12741a50cc16c636f426d1d877fac3ee5c"
}