21 sats \ 0 replies \ @KLT 8 Feb \ on: Bitcoin Bank ecash
Completely agree with this, it makes sense for bitcoin to continue to scale in layers.
None of us are using Fedwire to send transactions of a small denomination. We have:
- Fedwire settling trillions of dollars similar to base layer BTC.
- Cash
- Debit cards -Credit cards -Checks
And so on. Bitcoin having many layers built on top of a strong base layer is where it’s headed. Some of us will choose self custody, others will run everything on strike or a similar company for convenience. The second one of these companies plays fiat games, unfortunately some folks will go down along with the company.