Damus
Edward Snowden profile picture
Edward Snowden
@Snowden
The fact that Bitcoin isn't yet accepted everywheree and for everything really underlines for me how few people have actually used Lightning. Whenever I show somebody how it works, there's always that "wow" moment. But why was it a surprise?

The problem is that normal people still understand BTC from the one half-remembered opinion piece they read in 2017, and are operating under the belief that transactions still take an hour to settle, rather than being instantaneous and irreversible — money transmission without the Paypal Problem. The public mind needs a cache refresh.
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BitcoinTrain · 133w
The problem with lightning is that it only works for amounts less then 200$. And it's custodial (for the average joe). People are dumb and lazy. It needs to be 1 easy fix, not having to deal with L1 and L2 stuff.
bitcoin sensei · 133w
even if it took an hour it would still be better than banking!
Peter M · 133w
I also think another issue was a lot of people went into Bitcoin to invest, and expected it to continue appreciating and earn money! ! The part of using bitcoin as a currency was set a side.
Lenny · 133w
Yet, to receive or send btc on nostr one has to register on some thrid-party sites like alby or walletofsatoshi and trust them to handle your btc, which completely defeats the whole motivation behind "crypto" money. And nostr people commit to this ugly scheme while there are more easily accessible, ...
Victor Noguera · 133w
Cache invalidation is always hard 😄
BTCPay Server · 133w
The work continues until all the payments are Bitcoin payments. Our Point of Sale in Riga during https://baltichoneybadger.com ensured VISA and other credit card companies had no cut. https://video.nostr.build/dde7a4b165d861c7d63e378a923caa0ca74ea7c882ec6b3e08430275a6827a2a.mp4
Pixelcode 🇺🇦 · 133w
You misspelled “cash”, if you were referring to an easy-to-use, stable and anonymous payment method.
nostrich · 133w
What happened to zcash haha
nostrich · 133w
It seems it still a bit early though: https://void.cat/d/AcsG5D36dDjvhZPMP3GJ11.webp
Nickionbtc🇨🇴 · 132w
nostr:nevent1qqsddvk67ahsfe7was6t5lhshurrk3nuvd50tmn37ttnuw36vy7d8fcppamhxue69uhkummnw3ezumt0d5pzqnnv3mga3szzkwgxke9zf3qmg08kd8x2h3gpwsygya9w0qrrlqspqvzqqqqqqyxzwylq
nostrich · 131w
I think most people need an educator they trust. I plan to orange pill my butcher soon. Already bought an LN-PoS for them that I intend to place there as a loaner to get them started. However, I anticipate their main concerns already: How about accounting and taxes? Is it worth the effort to learn ...
freedomist · 115w
Places like Boracay, you can buy a burger or pay for haircut with lightning. In cities not enough people offer lightning payments, because they perceive Bitcoin as other crypto as a scam. As a start, tip friends and shops with a little Bitcoin, let them just hold it, and get used to looking at in...
cadayton · 115w
From my prospective the primary reason for this, is because people in general are ignorant how a fiat system works and have no interest in educating themselves. For people who understand how the fiat system works, I'd guess they already have a small bag of BTC. My small bag is providing me with an...
Viktor Vsk · 115w
Bitcoin isn’t yet accepted everywhere because of one simple reason - not so many people really need it today. Some people are better chasing investments gains elsewhere and we can see they are right in recent years, and they may die/retire before next halving Some people don’t care about bitco...
Charlie Crown · 115w
Curious to know Edward, what’s your go to process for showing people how lightning works fast and effective. I ask because I’d love to do exactly that on social gathering or basically every time someone asks about bitcoin. Do you just get them to download a custodial wallet like wallet of sat...
pukka · 115w
I’d really like to see nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l go full Lightning and tell everyone about it!
frphank · 115w
No one will accept your Bitcoins for goods and services, never has, never will.
⚡Arvik⚡ · 115w
What's best source to learn about lightning for dummies?
zebra · 115w
I don't get why you expect from normies to accept bitcoin. Usual people will use bitcoin when everyone does. Most people just reactive.
Barnmynah · 115w
Sure a custodial centralized app may work OK. Lightning blows to run with no technical skillset. It's not simple to run sovereign without knowing somewhat what how to or spending a lot of time trying to learn.
blank · 115w
Because people don't focus on Bitcoin, during that same time you were talking about how great Zcash is. All the people who lost money on Ztrash could have been profitable Hodlers now.
@rbkat112 · 110w
I'm an over thinker I worry too much that's true. Because I don't have anyone to talk to that's positive. There are 2 sides of the story at work. 1 - You're reliable= you'll get promoted 2, -, your back slows you down= you're dispensable you can lose your job at the hospital. They over work you here...
Deleted Account · 102w
i don't believe it goes even that deep. its more shallow, they read it's used by criminals and that's about it. most of the people are caught up in everyday bs, that keeps them busy. they don't care about bitcoins or freedom tech, all they want is peace of mind i.e give up freedom rather than gain n...
darnzen · 81w
I don't think it's the consumers that need to be convinced. It's the retailers and service providers. There's so much credit card fraud out there, I'm surprised that more on-line retailers aren't accepting bitcoin on-chain or lightning.
Frank · 78w
Das ist doch völlig simpel. Du kannst von heute auf Morgen eine Menge Geld verlieren. Der Dollar und der Euro haben einen fast immer gleichen Wert. Der Bitcoin NICHT. Letzte Woche wollte ich ein paar Bitcoin kaufen. Also google angeworfen und geschaut wo ich Bitcoin kaufen kann. Ausschließlich deu...
𝔼𝕣𝕪𝕟 𝔹𝕣𝕒𝕔𝕔𝕠 · 78w
The normal people I talk to don’t think about transaction time. To them, Bitcoin is either: 1. An unpredictable investment 2. A scam 3. Evil ocean-burning capitalist decadence
JustBalances · 78w
They won't get the reset using media/social media Way too much censorship still going on And no one is even aware that important facts are being silenced and others warped out of recognition. As long as it 'looks' slick it 'must be true' #Deception
GLACA · 78w
Time to learn what #bitcoin is runs out fast.
The Problem Solver · 78w
People love slavery when it’s applied to others. Most do not want freedom. The truth, Bitcoin is not for everyone. It’s for livers of freedom and the greedy second. Therefore, by the time the masses realize the true value of Bitcoin it will be to late. This defaulting back to what’s familiar, ...