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0 sats \ 2 replies \ @028559d218 OP 31 Dec 2024 \ parent \ on: How is 'Bitcoin the Money' supposed to function in this environment? bitcoin
in my humble opinion... it is already 'unmanageable'... for sophisticated, realistic usage especially around lightning.
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0 sats \ 1 reply \ @elvismercury 31 Dec 2024
I meant "unmanageable" from the perspective of the state taking action -- if almost everybody is breaking the law, including important people, then enforcing the law is basically impossible, even in a "sending a message" kind of way. I don't think we're there yet.
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0 sats \ 0 replies \ @028559d218 OP 1 Jan
i think unmanageable has another meaning too. all the current development and bips make it easier to transact, more seamless and generally more private.
there are tons of cool things and apps built on bitcoin. however tax software for daily spending/transactions/small regular use underdeveloped or nonexistent.
when bitcoin is used regularly and intelligently the sats flow everywhere... it is a living breathing organism and perhaps that's what the ptb don't really understand yet.
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