30 sats \ 4 replies \ @TheBTCManual 22 Apr \ on: Look at this sh*t somebody tried to sell me as a scaling solution for Bitcoin bitcoin
Lol stop shilling liquid, whats the alternative...crickets!
write
preview
0 sats \ 3 replies \ @pako OP 22 Apr
Alternatives to Liquid: Stacks, Rootstock, Wrapped BTC, Core DAO (Pomp's new shilled yield product), any other product who offers "a Bitcoin bridge" from absolutely any Blockchain.
They all offer the same level of trustlessness and they all let the user hold their own keys, the user owns the bitcoin there as much as they own the videogames on their Steam library.
reply
30 sats \ 2 replies \ @TheBTCManual 22 Apr
So what are people meant to use if they are priced out of the basechain?
reply
0 sats \ 1 reply \ @pako OP 22 Apr
That's a question you should ask yourself.
But clearly, these products are not Layer 2, which is the scope of this post.
reply
10 sats \ 0 replies \ @TheBTCManual 22 Apr
Lol I am asking you since you're the one bringing the topic up
No exchanges, no ETF, no multi-sig side chains, No fedimint since thats also custodian
Mercury, who is running your server? WHOOOO?
If you're going to critique fine, but if you don't offer up a solution whats the point of debating, then its just twitter like engagement farming
I would love a more robust option, but what? Trust mimimisation is a hard ass problem to solve, the base chain is evident of that
reply