A low mempool is not evidence that Bitcoin is “fizzling out.” The system was not designed to keep the transaction queue permanently full. When demand is lower or users are willing to wait for cheaper confirmation, the mempool contracts. That is normal operation, not a failure signal. The more i...

People are using on chan as SoV and lightning for tx

I see a lot of lightning TXs being fwded on my node, I think LN takes a lot of heat away from the main chain

“Fizzle out” doesn’t mean disappear, it’s perennial.

Good morning ✌️🧡 Let it fizzle out. I'll end up on the streets doing crack sold to me by a CIA asset doing hits only a homeless man can get away with. That's my plan B.

Yes, however the incentive to bring it back is huge 😎

The ironic and unironic solution is to buy bitcoin as a hedge against that happening.

Are the spammers killing Bitcoin by peeing in the mempool again? 🤤

A third possibility is that the Saylors of the world vacuum up a majority of the supply and open lightning channels with each other and we continue seeing minimal activity in the open. In fact it’s feeling like a likely outcome. They don’t want public scrutiny of their transactions any more tha...

Yup… and the more people realize this, the more people get to work on actually making an energy-money future happen

Saving Bitcoin is using Bitcoin. Sending Bitcoin is not the only way to use it. An economy of spenders is not the end all be all sign of a healthy economy or money. Fiat encourages spending, good money encourages savings therefore good money will have less transactions than fiat for awhile.

Would increased Lightening usage be an offset to this argument?

Eu sou leigo no assunto. Ele está criticando o #bitcoin ou elogiando? Alguém por favor me esclareça por favor

Bitcoin is growing up. I think that this growing up stage was inevitable but that the Bitcoin emerges from it is not. I think NGU is baked into the incentives so I have no doubts around that aspect, at least over the next decade. It's more the decentralised & permissionless aspect. Will these b pr...

Expensive fees = "bitcoin will die, its unusable as cash" Cheap fees = bitcoin is dead, no one is using it as cash" Its not that big of a deal. All of the high fee times historically were caused by moving on, off and between exchanges or "defi". Day traders buying on coinbase and sending it to FTX ...

Bitcoin is resilient.