pull down to refresh

Also it doesn't help that most bitcoiners' idea of replacing fiat involves competing with it directly on things like purchasing coffee or normal payments that most people are content to do with fiat. Even for saving most banked people would prefer stocks, bonds and real estate.

Bitcoin just needs to do what fiat does but better is imo a losing a strategy. Competition is for losers. If we want people to use bitcoin, bitcoin needs to do more things that fiat can't.

Agree. What are some examples?

reply

Trustless, incentive aligned financial collaboration which may require protocol upgrades onchain (or perhaps are just underexplored) and do require protocol upgrades on lightning.

imo Trustless, incentive aligned financial collaboration is what bitcoin IS and is also what it provides (beyond being a store of value).

reply

Agree but I’m afraid in the US the situation is not fucked up enough. People are fine and even though inflation is pretty high it’s slow enough that very few people blame gov printing.

reply