The issue is two fold IMM. 1) adoption is low. BTC being SOV means adoption and POS use is low. LN network is too complicated and too many fail points or compromises. 2) Ppl still want to use banks and fiat. Deep down they want to trust big brother, not themselves.
BTC is rather useless in my city TBH.
Cipher Stories
npub103…w3uul
2023-03-12 14:53:31
in reply to nevent1q…8jea
Author Public Key
npub103tex2x0jq52g4yd2yt6lf8cgj8m2yx2jq3l2a4hhjg0cklxeelq7w3uulPublished at
2023-03-12 14:53:31Event JSON
{
"id": "e63dab771acb08769a93028a0f3f53983dc9ef0e3939b4f1b353fb1b4dfae877",
"pubkey": "7c579328cf9028a4548d5117afa4f8448fb510ca9023f576b7bc90fc5be6ce7e",
"created_at": 1678632811,
"kind": 1,
"tags": [
[
"e",
"4c88ccb561ce8a1750a60114171a3d777c297e7ab0a5053725d2ab67b431719a"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
]
],
"content": "The issue is two fold IMM. 1) adoption is low. BTC being SOV means adoption and POS use is low. LN network is too complicated and too many fail points or compromises. 2) Ppl still want to use banks and fiat. Deep down they want to trust big brother, not themselves.\n\nBTC is rather useless in my city TBH.",
"sig": "f872b8bd7c6a144a6868eb582147090d8ab6e3cf53fbef9ff830d348fdd5e2b84a2e2c0793e7b792605b73b8e077bf971bf1e07b14821ef473a71dbbd96ceaaf"
}