Bitcoin ded.
The chain just isn't very active right now. People use Lightning in day to day, but also when Bitcoin is treated as a store of value and digital gold bullshit, they don't transact. Bitcoin does if no one uses it and keeps "their" bitcoin in ETFs or exchanges.
It has cycles, just like everything. Two years ago and up to a year ago, the chain was insanely busy and you couldn't transact without paying outrageous fees.
We'll be alright.
Derek Ross
npub18a…tp424
2025-04-08 01:05:40
in reply to nevent1q…yw0k
Author Public Key
npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424Published at
2025-04-08 01:05:40Event JSON
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"content": "Bitcoin ded.\n\nThe chain just isn't very active right now. People use Lightning in day to day, but also when Bitcoin is treated as a store of value and digital gold bullshit, they don't transact. Bitcoin does if no one uses it and keeps \"their\" bitcoin in ETFs or exchanges.\n\nIt has cycles, just like everything. Two years ago and up to a year ago, the chain was insanely busy and you couldn't transact without paying outrageous fees.\n\nWe'll be alright. ",
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