https://xcancel.com/Coinicarus/status/2022313683200749946#m
In other words lack of adoption, lack of real usage.
Sure there's steak n shake, a few gift card companies, a small number of merchants, you can "trade" Bitcoin (bad idea) on an exchange...
And our beloved Stacker News.
But Bitcoin needs to grow up.
All the signaling, all the forks, all the infighting (and there is SO MUCH) all the "filters" (or lack thereof) none of it really matters if people refuse to use their Bitcoin, refuse to spend it and pay fees.
Lightning in some way has been a double-edged sword - making daily payments cheap, fast, and instant wrecking anything the shitcoiners have on offer much less any other PoW blockchain. But Lightning transactions only "pay fees" when a channel is opened or closed... meaning a single channel can make THOUSANDS of daily payments without the need for an on-chain transaction.
It is scalable and too good.
Meanwhile the Core/Knots drama, absolutely tone-deaf to the real adoption issues facing Bitcoin (no Core V30 is NOT the reason fees are anemic) does nothing for education. Core/Knots does nothing for merchants, nothing for hodlers, nothing for Network Users it does fuck-all to get the world on a Bitcoin Standard.
Because the world does not care about this:
71 thousand transactions "in the waiting" of
paying one penny each.
When are we "the community" going to grow up and realize the world doesn't care about our problems?
Either we use Bitcoin, and encourage others to use it... or it eventually dies.
Worst case is eventually an "ambitious dev" (borrowing from Mike S) shows up proclaiming a needed change to the emission schedule (creating more than 21 million Bitcoin) in order to "save Bitcoin" and save the mining industry.
If you think the Core/Knots look is bad today... wait till that argument, that battle comes to pass it will make us wish we could back to the worst days of the Blocksize Wars.
And it will all have been so completely predictable.
The choice is ours.
Which version of Satoshi's Future do we want?
Show the world how you use it. What it actually looks like.
Yet in your own post you dedicate a considerable part of it showering the drama queens with attention.
Take the lecturing tone down a notch, start living the way you think helps the cause, and then show it so those on the fence can gain confidence.
I have used Bitcoin in person via Lightning, non-custodially, in Netherlands, Switzerland, Czech Republic plus the United States.
I use it every chance I get basically. Otherwise I wouldn't believe it exists (I do now of course).
The constant infighting unnecessarily harms Bitcoin's adoption.
I have self-custody, I educate on Bitcoin when people ask politely when they are curious... I have a small miner at home and have tried out Lightning using different wallets in different countries successfully.
There is nothing more I can do. There just aren't "enough" of us Stackers.
#838975
I don't think complaining over the infighting helps adoption in any way, either.
Both sides are acting like idiots. From what I saw last time I looked, not only like idiots but hysterical ones to boot. Whenever I gave them any attention, they already won. And I lost some brain cells in the process.
That's very commendable and I find that a much better read.
I'm just at a loss trying to understand what you expect complaining about empty blocks will actually achieve. Shame others into spending?
I enjoy a more positive approach where I can see how others actually spend their sats, like in your linked post. Which challenges they have, and how they get around them.
That type of content is useful for my own playbook. Some of my challenges may rhyme with yours.
Having said all that, others may react positively to lamentations, kicking them into action. I'm only having a hard time seeing it actually work out that way.
I reserve the right to having been proven wrong.
The infighting harms adoption. The "bitcoin community" has no idea has poorly it reflects on us... or how counterproductive it is to 99% of the public.
It is having an impact in the real world. We would have 10x the users, 10x the education if the first point of contact with people was Lightning. Instead it's obscure technical arguments that (in my screenshots) aren't really effecting what's getting into blocks anyway.
Lightning is the real deal.
We need to address reality. Bitcoin today has all the tools it needs to scale to 50x maybe 100x more people... we should see vastly more people using it and there is a reason blocks are empty.
If Bitcoin had a CEO he would be working overtime to get the ship in order and make sure the user understands the product. We are currently failing not because of price but because of empty blocks. "Price" follows demand.
I could talk about that for hours... the difficulty is there's nowhere to... X doesn't discuss spending Lightning much. R/bitcoin is all price talk. Nostr is... i'm not sure what mostly sandwhich pictures it is so disorganized.
Where does that leave?
Bitcoin is a 17-year old skipping school smoking pot currently. Either we give ourselves "tough love" or the world will do that for us.
They should get the fuck over themselves. Every spend (generally speaking) makes Bitcoin stronger.
I agree.
It is still very difficult to use Bitcoin in everyday life.
LN needs to be used or it will not get stronger.
Yet here we are on Stacker news and some folks can't be fucked to attach both sending and receiving wallets.
WTF!
I point this out and get screeched at relentlessly with absolute venom and abuse.
But those Stackers who cannot be fucked attaching wallet have not provided any credible reasons why they do not attach wallets.
Its pretty easy now to attach a wallet and use LN for every transaction here on SNs.
That puts transaction fees and volume into the LN.
That trickles up into L1 as channels are opened.
But can some loud mouthed Bitcoin Maxis who claim to be 'living on The Bitcoin Standard' here be bothered?
eg @DarthCoin
No, they would prefer to remain massive fucking hypocrits and keep defaulting to CC shitcoins 'because they always work'.