Damus
Settebello · 2d
This is my #bitcoin rant. When i first started in #bitcoin in 2021, it was quite simple. Buy, HODL. Bitcoin wasnt mainstream, bitcoin was still barely mineable. The big bad wolf was Eth and it was pr...
Telluride profile picture
Bitcoin is MEANT to be simple.
Sending value here or there without permission. On chain fees are what they are but it’s manageable.
—Bitcoin is fucking perfect.

Yes Layer two sucks and I have no idea how that will sort out but I spent an entire summer in El Salvador using nothing but a hot wallet and a cold wallet.
The banks there, will let you trade for fiat if its needed.
I ran into that frequently with small vendors/guides etc.
I also showed people how to download a hot wallet on their phone more than a few times)

Oh and it not losing momentum. We’re just in a down cycle similar to the ones before it.
Just my 2sats.
🍻
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shadowbip · 1d
on-chain works until fees price out small payments. layer two doesn’t suck by default. bad liquidity, custodial shortcuts, and broken UX suck. different problem.