Posts by ea8a86e341f61f4e8956ec40e707e5b2700dba1137ddb9653b5db9f4dd0df735@mostr.pub
(DIR) Post #AU1Z68NfInEN4MLTN2 by ea8a86e341f61f4e8956ec40e707e5b2700dba1137ddb9653b5db9f4dd0df735@mostr.pub
2023-03-26T21:39:24.000Z
1 likes, 0 repeats
Sometimes I worry because:1. To use Bitcoin as a day to day currency, Lightning is absolutely fundamental. Whoever proposes on-chain transactions as the day to day transaction engine clearly does not pay a lot of things with Bitcoin and has never set up a retail store with it.2. Using Lightning in a sovereign way is anything but easy. We can't expect the common folk to graduate in Systems Administration just to have a reliable payment medium.So, combine 1 and 2 and we are either unable to scale Bitcoin as a currency or we can only do so through custodial options. I think this is a serious problem. I'm hopeful that technology will appear to enable great experiences that are sovereign at the same time, but for now we can only throw people into Wallet of Satoshi and the likes.Curious to see more points of view on this.
(DIR) Post #AUFiBdBnLrUv65NVIG by ea8a86e341f61f4e8956ec40e707e5b2700dba1137ddb9653b5db9f4dd0df735@mostr.pub
2023-04-02T20:03:15.000Z
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Well, most of the volume in P2P exchanges (bisq, robosats, peach, etc) gets settled through banking. So I would be concerned about how a draconian CBDC deployment could impact the scene.As an antidote to that, it would be great if more real-life meetups and communities pop everywhere. A social web of people meeting in meatspace will endure a lot of oppression.