Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
Bitcoin fees are currently only a dollar, but niche programmers are suggesting to change the fundamental nature of bitcoin and increase its attack surface to make it more scalable… for people who don’t necessarily know or understand the trade offs of that scaling.

Scaling is an important discussion, but everything is a trade off. I like many of the scaling discussions, but rushing them is another matter.

It costs me $100 to buy a 1oz gold coin by mail, or to send signed documents internationally in a few days. Verification is expensive.

The idea that global monetary verification should be super cheap inherently comes with security trade offs.

All ideas should be evaluated carefully and come to major consensus. Otherwise change proposers risk a fork war.
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₿ruce Høpper · 102w
There are so many over-leveraged non-tech people in fear of bitcoin failing to reach their adoption target. I understand that when it comes to sovereign money you want to have the most control on it but we should keep in mind that bitcoin is still an experiment and I think: 1) Most people don't un...