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0 sats \ 1 reply \ @OT 9h \ parent \ on: Scaling DEBUNKED: No More Than 5-10 Million Can Use Bitcoin, EVER! bitcoin
Not sure if I like the idea of being part of a new elite. I also think it's too early to tell if it's going to be that way.
It is true that not many want to take responsibility for using bitcoin in a sovereign way. That could change when the need for it increases.
Sounds a bit defeatist. I think we can do better batching coordination or a quantum resistant taproot derivation path to get 10-20k TX into a block. That would allow for something like 100-200 million sovereign bitcoiners.
Cannot send less than 546 sats due to dust limits.
I think eventually the dust limit will need to be removed.
Its sounds like the people that instead of doing exercise to lose weight, get surgery and just cut out the fat instead.
Still it would be nice to live a long and healthy life. Especially in the Bitcoin age.
We might need a good ol rugging. Its bound to happen again. A big one like Coinbase or Bitgo will once again show the value of holding your keys and fees should become consistently higher.
Did they even check yet? Or did they find that everything is in order and just let it go because it would counter the govs narrative?
Interesting to see the contrast between the small business owners/consumers are going through with what the CCP project to the world.
I think very few would have been able too keep any of that. Addiction plus the pump to $1k would have been mind blowing (let alone $20k, then $100k).