0 sats \ 1 reply \ @taxd OP 9 May 2022 \ on: BTC-price does not correspond to echo-chamber optimism. Somebody is wrong. bitcoin
  1. LN is too slow and often cannot find a path and LN is thus useless.
  2. BTC-volatility makes it useless as a store of value.
  3. Stablecoins solve virtually all fiat-problems (e. g. remittances) better than BTC.
  4. People care very little about a 15%/year inflation rate for quite some time. They think prices increase due to capitalists greed.
  5. Even after more than a decade there is not a single place where there is a circular BTC-economy. Nobody in El Salvador gets paid in BTC, except some tiny esoteric BTC-companies doing it as a "thing".
  6. BTC-developers are utterly clueless about userfriendliness of their high-tech apps. Every.single.one. Except two.
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0 sats \ 0 replies \ @taxd OP 9 May 2022
BTC needs a killer application, which cannot be satisfied by stablecoins. Please write one:
  • streaming music or movies for sats, anonymous hosting, torrent based.
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