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26 sats \ 6 replies \ @zapsammy 17 Oct \ parent \ on: Bitcoin’s Scalable Future: How Collateralized Credit Cards Will Drive Adoption bitcoin
sats must flow in order for sats economy to exist and for the lightning network to become more robust and useful. there is no longer an issue of "too few bitcoin merchants" but an issue of "idiots who refuse to send sats" out of fear of politics or random price action.
the problem can be solved by spending sats within a trusted group of people at first, so that the sats stay within the tribe. teach people to send small amounts at first in order to get comfortable with the network. if/when global emergency strikes, the tribe collectively will be able to afford food, shelter, energy, etc. some tribes are the size of a family unit, and others the size of a whole town.
note: the word economy implies "economizing" resources and time.
sats must flow in order for sats economy to exist
Totally agree. Not against this whatsoever.
However, this flow needs to be practical and accessible for the average person, not just Bitcoin enthusiasts within a small, trusted group. One of the main, if not the biggest barrier we face today isn’t just fear of spending sats due to politics or price volatility, it’s the fact that using sats for everyday transactions is still more complicated than swiping a card. It is still a novel event someone will tweet about.
People will adopt what is easy and familiar. For Bitcoin to truly thrive as a global economy, we need to integrate it into everyday life in ways that don’t require people to change their habits as a means to an end for full adoption. Whether this is lightning or some better solution in the future is up to the builders and how well they can sell it.
Our goals may differ, but my end goal is for the average person to use Bitcoin as a bridge to escape fiat. It is a means to an end.
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Bitcoin will NEVER work if you try to "integrate" it into existing financial systems.
Bitcoin will ERASE and make obsolete all those systems, changing totally the people's mindset.
Don't try to do the way around because you will break your neck.
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Bitcoin will NEVER work if you try to "integrate" it into existing financial systems.
Yup
Bitcoin will ERASE and make obsolete all those systems, changing totally the people's mindset.
It can't be overnight
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for me, the days of tip-toeing around the average person's unwillingness to learn are over.
it's an all-in fight now. if i see people on the fringes trying to opt out of the fiat controls, i will give it to them straight: it's bitcoin or forever slavery, learn hard or die easy.
how much bitcoin knowledge they can cover is up to them and their abilities, but i will no longer tolerate ignorance.
