Nitesh on Nostr: If you're competing against fiat, you need the best set of tools at your disposal. ...
If you're competing against fiat, you need the best set of tools at your disposal. There is simply no way Bitcoin can compete against fiat today unless we keep building out our L2s while simultaneously improving L1 that helps build out better L2s.
The only way we can compete is with custodial solutions, at that point I'd just use fiat.
Published at
2024-04-13 05:02:44Event JSON
{
"id": "ca5ad8d31008763a51117a268ddf8c008deaff7a1380d455b64a8fa88579c090",
"pubkey": "021d7ef7aafc034a8fefba4de07622d78fd369df1e5f9dd7d41dc2cffa74ae02",
"created_at": 1712984564,
"kind": 1,
"tags": [],
"content": "If you're competing against fiat, you need the best set of tools at your disposal. There is simply no way Bitcoin can compete against fiat today unless we keep building out our L2s while simultaneously improving L1 that helps build out better L2s. \nThe only way we can compete is with custodial solutions, at that point I'd just use fiat.",
"sig": "a8bb70fcc79707c1b17da13d7ee39535c6385344731b5b919f060557f68484e62af367d4ff884fe5c941dbe5ce6e6859937838ecdec50c4d57f2b0bd74bd4a48"
}
