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105 sats \ 1 reply \ @krispy_donkey 8 Mar \ on: Bitcoin Users... and *especially* Lightning users live in a Total Bubble (sofar) bitcoin
You may have mentioned it but in case I missed it, people don’t know shit about their own national currency, be it USD, CAD, GBP or whatever. Like, literally nothing.
I’m my only points are that
  1. people will never learn how to open a Lightning channel. Ever. But in the same way that they don’t have a clue how SMTP works, they will use Lightning in the same way that they use email. It will eventually be wrapped up in a UX that makes it totally unnecessary to know the workings of Lightning in order to access its benefits.
  2. As for adoption over all it is trending up, but I’m never going to look to the western world for signs of growth. It will be places like South Africa where that supermarket chain has rolled out lightning payment facilities. Those people need a technology like Bitcoin/Lightning today, where as for first world countries it’s a nice to have.
  3. lastly it’s still very early. And I don’t mean that in terms of people buying Bitcoin, I mean in the development of the tech and the layers that are being built upon it. This whole this is fundamentally a voluntary endeavour, there is no CEO or product manager directing legions of developers, it’s extremely small scale at this point.
Personably I think we are lucky to witness all this happen and we will be sad when the whole space is been developed and hyper commercialised.
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5 sats \ 0 replies \ @028559d218 OP 8 Mar
I hope you are right. If people will use Bitcoin the way they use email (which I believe they will 'eventually'?) then we are very, very early.
Having said that... if people are 'buying it' and 'holding it'... then they are 'studying it' to learn about what they actually have.
If they don't know what they have... then they will sell it because 'why hold it' if they have no conviction.
And if they are learning/have conviction as to what they have... 'eventually' they'll find Lightning (which is how I got here) and search it out, and Lightning wallets and things like Stacker News and Nostr so they can 'use' Lightning.
But the process is really, really slow and it's like where is everyone lol
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