When you said, Idealistic, that made your argument not so good. Even, Intelligent, can be a misnomer. Plenty of, Intelligent, people who are, Idealistic, and they create no value.
Humility is the answer and that means saying that, I will stay with my conservative view of Bitcoin only because I fully understand it and I believe that it is the only way.
Historically, let's say the old Betamax verses VHS. Video tapes, that is. Sony Betamax was heralded as the superior product, but VHS was more open, cheaper, and the Porn industry was able to dump it's garbage quickly in the VHS model.
Tron is about as simple as you can get and that is why it is leading in the stable use. No bells or whistles. No pretending. Technically it is open and cheap to use and reliable for pegging value.
Bitcoin is absolutely wonderful but technically it is trying to be more than it needs to be and there are many who want it to be more as an ecumenical thing. Bitcoin needs to be hard forked and used in it's limited number while also expanding is fungibility like lightning milisats... This ensures that it is spendable and valuable while not devaluing by money printing.
Unfortunately Fiat printers can capture too much Bitcoin and the savers are penalized by use not getting used enough...
I've said this in other ways before and I'm not by any means smart, but it's what intuitively I understand and by breaking down the model it's what I've come up with. I personally can't keep up with all the changes of Bitcoin and I went from teaching others to keeping my mouth shut because mentally I'm not comfortable introducing trends when I've personally been burned by my own ignorance. On chain Bitcoin is great. Lightning is, too complicated and is too dependant on smarter people to solve problems.
The truly skilled men of this world who make shelter for everyone else, boats, farm and such want frictionless value that is transportable. Bitcoin is full of friction as
@calle is pointing out.
The skilled men of this world will always get paid. Even when they were slaves they lived better than the average whip cracker.
Finally, spiritually, I have noticed that God will bring the value we need when the time comes and it is what is valuable to the transaction not any particular currency.
Matthew 17:24-27 And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute?
25. He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers?
26. Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free.
27. Notwithstanding, lest we should offend them, go thou to the sea, and cast an hook, and take up the fish that first cometh up; and when thou hast opened his mouth, thou shalt find a piece of money: that take, and give unto them for me and thee
calle33d ago
Rizful.com33d ago
