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120 sats \ 6 replies \ @tomlaies 27 Jan \ on: AMA on the growth of Taproot Assets, Tiramisu wallet and AdamCoin in 2024 AMA
I ... I just want to know who the target demographic is for this.
Like literally who. All Bitcoiners I know are exclusively interested in a hard money and its unbreakable ownership etc. So who wants NFTs on Bitcoin? Is it newbies who are new to Bitcoin? Is it shitcoiners who got burned loosing it all in 2022 that want to continue on Bitcoin instead? Or any other demographic?
One of the things people want hard money for is to make purchases. One of the things people like to purchase is art. If those two statements were the only factors involved, I think almost every bitcoiner would be on board. There is nothing wrong with using bitcoin to buy art, there would be a problem if you could not do that. The real problems, I think, come from these two factors:
- the inscription people decided to store their images "on" bitcoin, which is pointless , stupid, and needlessly costly -- and not just for them, it's costly for other people too
- almost 100% of the "art" is not really art at all, they are poorly disguised pump and dumps, draped in ugly shapes and colors. "Buy this AI generated girl in skimpy clothes! Only 0.1 btc!"
Taproot Assets fixes the first problem and therefore I think it's a good thing. It does nothing about #2, which is probably a "human nature" problem and I'm not sure it's fixable unless the scammers get religion.
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On the topic of AI generated girls in skimpy clothes we have them on Tiramisu for ~100 SATs each 😂
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Human creativity is not to be underestimated. I personally see Taproot Assets as a platform for people to build new things.
No one is able to predict all possible use cases for taproot assets, new coins new NFTs. People could use it to trade tokenized stocks, options, stablecoins. This will be possible in a non-custodial way once Taproot Assets hit mainnet.
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Here's a really good discussion on the topic. (The linked podcast, not the SN discussion.)
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Also Taproot Assets are becoming super popular in China and Asia. Initially it surprised me. There is a lot of Bitcoin whales and alpha investors in China and Asia.
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I ... I just want to know who the target demographic is for this.
Hi, Yes Bitcoin Maxis are not at all into taproot assets. Most Tiramisu users are from around the Ordinal / Degen community. They are very interested in this.
To a lesser extend people who run their Lightning nodes are interested in running taproot asset nodes on top of LND.
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