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DarthCoin

Awesome list. I don't agree or haven't thought about some of these... but nicely done.

satoshi_in_the_classroom

Nice list. Agree with everything, except maybe the gold standard which might require some nuance imo. 

Could you share your insights on your point about custodial solutions for Lightning?

badabing

bitcoin

Common Bitcoin misconceptions by Bitcoiners...?

Partial list:


- Gold standards were a good thing (*no*)

- Legal tender is a good thing (*no*)

- An enormous short-term spike in Bitcoin's price is sustainable with the current coinbase distribution (*no*)

- Global disruption is good for commodity money (*no*)

- Sudden USD hyperinflation will bring a durable spike in bitcoin's price (*no*)

- The time frame of how long it will take bitcoin to play out, lose its quote price, and monetize enough to push back on a global scale (*hope you find the fountain of youth*)

- Multisig is a good idea for most individuals (*no*)

- The Lightning Network design pattern is trending towards custodial solutions (*no, quite the opposite*)

- CBDC's are bad for bitcoin (*no, they create a necessity for it*)

- If the Lightning Network could only scale to support the world today, the world would use it today (*no*)

- An ETF will be approved before a crypto bill hits the Senate floor (*no*)

- Drivechain is a viable security budget solution (*no*)

- Incriptions are a real threat to bitcoin (*no*)



