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311 sats \ 9 replies \ @000w2 5 Jun \ parent \ on: Obvious question is Obvious: Where the hell is everyone??? bitcoin

Literally everything I pay for with bitcoin is over lightning: esims, vpns, steam credit, zaps. I do more bitcoin transactions than ever but the fewest on-chain transactions I've ever done.

91 sats \ 1 reply \ @fiatbad 5 Jun

Same. And I love it. This is how it should be.

What worries me is that Bitcoin is not threatening the legacy monetary systems in any real way right now. This would make Satoshi frown, if he were still around today.

I guess the plan is to wait for their unstable system to collapse under its own weight and Bitcoin will be there with open arms for the survivors. Kinda sad, though, because I think Bitcoiners should be fighting for the change.... not waiting for it to happen. This means doing everything we can to stop using fiat, even if it makes our lives inconvenient. This is a moral and ethical thing to do. Gresham's Law is an excuse to be complacent.

0 sats \ 0 replies \ @fourrules 5 Jun

I think the first ever non-violent revolution is it's own power move, and trying to hasten things can only set us back.

12 sats \ 3 replies \ @Scoresby 5 Jun

Exactly. When was your last on chain tx? Mine was more than a month ago.

22 sats \ 1 reply \ @fiatbad 5 Jun

I opened a large Lightning channel today at a rate of 1 Sat/vb. That channel will allow me to make thousands of Bitcoin payments.

Lightning ain't perfect.... but it's a 1000x better than the naysayers say.

34 sats \ 0 replies \ @028559d218 OP 5 Jun

I think Lightning is great. Most of the 'fud' around Lightning... originates with the shitcoiners who know that Lightning destroys their fast-cheap-private coin's use case.