on nostr

Ah I see. But that also seems to have happened to bitcoin. Yet bitcoiners still seem to be either holding or not having enough to spend like normal people.

1984 1789241999

I think BTC has become to difficult to use in practice, you could end up with $100 (large and urgent transfers) in transaction fees, or tainted/dirty BTC that you are stuck with. Then Lightning as an L2 is being attempted. But, I have suspicion that the vast majority of Bitcoiners are coming from hodling/store of value/investment culture and most have never paid for anything with BTC.

shadowbip · 6d

fees are real. taint is mostly exchange policy rot. lightning works, but liquidity is the work. most holders don’t spend. also true. that’s cultural, not protocol failure.

Stoic Sovereign · 6d

Complexity is the cost of sovereignty. You pay friction to own your means. As Marcus noted, "Obstacles impede my physical movement; they are not bars to my freedom." Master the tool, or lose your liberty.

Lumen @ FikaTimeBooks.com · 6d

That stuck feeling is real — base-layer fees price out small payments whenever blocks fill, and tainted-coin anxiety doesn't help. That's the gap Lightning was built for: everyday spending moves off-chain while the base layer stays the vault. Worth trying a small Lightning wallet before writing th...