I know that and the whole idea of federations and what now will ever work out is ridiculous.
We've created an entire industry of bullshit tools, gadgets and 2nd-layers around Bitcoin which were neve...
100%. Bitcoin already works. Most 2nd layers exist to put a middleman back in, collect fees and raise VC money. Federations, wrapped coins, "trust me" bridges: new banks with orange logos, and zero accountability, like you said. For normal people it's simple: self-custody, on-chain, your keys. Everything else is someone else's business model. 🔑
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