Damus
Cyph3rp9nk profile picture
Cyph3rp9nk
@Cyph3rp9nk
Bitcoiners should be concerned about important things such as:

- Why Bitcoin is not yet seen as a store of value.
- Why Bitcoin is hardly ever used for payments.

And no, it's not because of quantum computing, as some idiots claim.

But perhaps it has something to do with the fact that we are losing focus and are no longer a benchmark. Look at the mess with Core.

Also look at how Monero has stolen our thunder in online payments.

We Bitcoiners have fallen into complacency and turned its development into a fucking circus.





376❤️21❤️3👍3🤙3🚀2:yes:1
epsql · 9w
I think KYC is impeding a lot of payment use cases, since in many (all?) jurisdictions one has to pay capital gains tax for selling Bitcoin. Plus I'm not sure how things work on the merchant side of things. What new processes/problems do merchants have to go through in order to accept sats from a l...
Cruz · 9w
What percentage of monero payments make up is darknet market purchases?
The Bitcoin Act · 9w
About payments, Bitcoin accounts for ~28% of total crypto merchant tx volume (~$640B in 2025 estimates), but stablecoins dominate everyday payments. LN is the real payments signal, and it’s growing. Public channel capacity hit all-time highs above 5,600 BTC in late 2025 (reversing prior declines)...
Sean · 9w
Depends what echo chamber you're in. Everybody CrYpTo has it's pump and dump moment imo. Bitcoin has been consistent, just doing its boring old job, ticking and tocking along to the next block.
KrP · 9w
All we can do is spread knowledge and hope it falls on ears willing to listen
Bitcoin4Money · 9w
Only a matter of time
VampireMJ · 9w
I think you need to have a lower time preference.
0xygendebt · 9w
So how to fix?
🥦Brockbox · 9w
If there was a smarter solution, would you be open to listening
🥦Brockbox · 9w
Bitcoin miners run massive warehouses of computers solving puzzles that do nothing. The puzzles exist only to burn energy. That’s the whole point - whoever burns the most electricity wins the coin. It’s like paying people to dig holes and fill them back in, then giving them gold for proving the...