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130 sats \ 2 replies \ @Scoresby 21 Nov \ on: Bloomberg doesn't know Web Micropayments Exist. Maybe in a "Parallel Universe" bitcoin
While Bloomberg probably does see themselves as experts, I have a feeling they would fail to see stacked news or lightning as anything more than fringe hobbyist kind of thing that isn't for "real" finance.
We do exist on a bit of a bubble here. It's not to say it will be that way forever, but it is sometimes hard to comprehend just how niche Bitcoin stuff like lightning really is to most of the world.
I am very comfortable in this bubble. Bitcoin is only for the brave. It's a natural selection.
The article is a hit piece... people think that they don't know about LN and stuff like that. They know very well, do no underestimate them. They write piece like these for the clueless normies, to keep them away from BTC and even more, for newbies that keep their "investment" in exchanges, to make them to give away their BTC to Saylors and Mallers.
The master plan is to grab almost all BTC from private hands and put them in "reserves" and state "treasuries" so people will go back to use tethers and crap tokens.
PEOPLE ARE BLIND AND DON'T WANT TO HEAR THIS.
Is the only way to kill Bitcoin: make people put their BTC in "strategic reserves"... evan make them to pay taxes with their sats LOL
And the only way to counter-attack this massive grab is when people start building a parallel economy based on BTC.
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It is for micropayments though, which is what the article is about...
Yes Lightning is niche. I don't know... anyone else in person who knows what it is/much less has used it.
But I don't think it will be that way forever.
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