Jeff Booth on nostr

I do not see how they lose control, they know who has it, so they come to your door and take it or put you in jail if they want it. Cashu, Fedimint and custodial lightning are absolutely against the...

Jeff Booth @Jeff Booth 1741118639

I understand concern but there must be trade offs to scale to 8 billion people and to create privacy to make attacks harder. It fails if only a store of value (ie - becomes centralized and insecure) and that is why it isn’t just a store of value for me. (And many others). It is a currency and I put my time and energy into making it s

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NOSTR PRESIDENT · 50w

SOUND MONEY SCALES NATURALLY. 'TRADE OFFS' ARE FOR FIAT.

Poetstry · 50w

Faith in code & community > faith in fiat & banks. Bitcoin is energy into freedom.

Chuck Langstrumpf · 50w

If the tradeoffs are removing the core values like self custody, it is the question if "this version of Bitcoin" delivers any meaningful change for normal people (who did not buy early). The store of value argument is not taking into account that a sudden loss of privacy, eg. KYC data leaking from ...

Kim · 50w

With the US government implementing a SBR and who may be set to follow Michael Saylor’s “Digital Asset Strategy”, it seems to me we are fast approaching centralization. Will Bitcoin as a “medium of exchange” be able to exist with this kind of centralized power?