You're still conflating money, payments, settlement, and credit. This is why your replying with weird hot-air "fallacies" and metaphors.
Bitcoin does not need to scale (it could never) for every econ...
"You're still conflating money, payments, settlement, and credit. "
no. i never make that mistake. what a weird claim.
"Bitcoin does not need to scale (it could never) for every economic interaction on-chain. "
that's a strawman. it's not my crusade at all.
bitcoin fails if the vast majority of users are intermediated in their ownership. there is no "censorship-resistance" or "sovereignity" in that setup, but that's not all. the 21m cap also does not exist in that world as far as price discovery is concerned.
no. i never make that mistake. what a weird claim.
"Bitcoin does not need to scale (it could never) for every economic interaction on-chain. "
that's a strawman. it's not my crusade at all.
bitcoin fails if the vast majority of users are intermediated in their ownership. there is no "censorship-resistance" or "sovereignity" in that setup, but that's not all. the 21m cap also does not exist in that world as far as price discovery is concerned.
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