Ian "nostr.naut.social" D on Nostr: The war for sound money won't be won by the most optimal solution. Like most things, ...
The war for sound money won't be won by the most optimal solution. Like most things, it will be won by the Good Enough solution.
If you want to take on BTC/LN being better technically, doesn't matter. You have to be SO MUCH better that everyone goes "gotta move over".
Market cap nano is $125M and 2M daily trading. It's a toy.
Money is about networks and fungibility. BTC/LN fees are small enough that I don't care. FREE isn't a big enough gain. And who do I trade with, how do I spend.
Nano might be brilliant technically, but it's in a popularity contest. What people are willing to use as money is ALWAYS a popuilarity contest.
Published at
2023-02-24 21:28:46Event JSON
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"content": "The war for sound money won't be won by the most optimal solution. Like most things, it will be won by the Good Enough solution.\n\nIf you want to take on BTC/LN being better technically, doesn't matter. You have to be SO MUCH better that everyone goes \"gotta move over\".\n\nMarket cap nano is $125M and 2M daily trading. It's a toy. \n\nMoney is about networks and fungibility. BTC/LN fees are small enough that I don't care. FREE isn't a big enough gain. And who do I trade with, how do I spend.\n\nNano might be brilliant technically, but it's in a popularity contest. What people are willing to use as money is ALWAYS a popuilarity contest.",
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