Why Nostr? What is Njump?
2023-05-07 14:50:09

B1tR0y on Nostr: They are attacking the #bitcoin L1 self custody in an attempt to keep their $ 💩 ...

They are attacking the #bitcoin L1 self custody in an attempt to keep their $ 💩 coin as relavant as possible for as long as possible. They're playing up the narritve that "if it's good for miners, then it's good for #btc." Anyone with any seriousness about the longevity of Bitcoin should immediately see through this BS. How is it good to have them maintain the fiat price of #btc while they make the smaller UTXOs economically unfeasible to move and also make 3rd world countries completely reliable on the lightning network? Most of these lightning solutions are centralized AF and the most popular ones are non self custodial so you never even have your own sats in the first place! I hate to say it by LN is only #btc when you close the channel on L1 #bitcoin..which is fine as long as it's just for your spending #btc and not for your savings which should be L1 #btc in cold storage that you created the entropy for yourself offline.
Author Public Key
npub19986nenrr02qf5um8ex4wyhpxhn0fk95cdl8l8whjyk84ug7x49q0r5gu9