You are viewing a single comment's thread from:

RE: Turning Bitcoin From Speculation To An Asset

in HODL4 years ago

Oh don't get me wrong it's a good use case base we have a shit monetary policy but shitting on BTC isn't going to bring the world out of its funk, just make a few people wealthy, moving it around as fast as possible and getting more products and services out of that moving around and getting users to increase their productivity to get more BTC or encourage holders to part with it, is how we create broad-based abundance,

Store of value is only one element, I'm looking ahead since I already accept its a store of value. The LN is cool, I don't mind it, I think we will eventually see mesh networks where nodes are multi-chain and figure out the easiest path as in taking the LN concept and running it cross chain, people will spend what they want and user will receive what they want and those in the middle of the transaction bouning between nodes and miners get a fee.

It will be a monster behind the scenes hiding all the complexity and for end users its pay and play

Sort:  

encourage holders to part with it, is how we create broad-based abundance

Yes that's very well put, nobody wants to live in a world where a handful of people control 50% of the monetary reserve, Bitcoin opens a variety of different futures for humanity but some of them clearly are dystopian.

Would be interested to learn more about this mesh network idea, any content you could point me to?

Exactly, it doesn't have to be a total zero-sum game and it makes time more valuable as well as labour and not this crazy financial trickery we see today. I heard it on a podcast with Andreas Antonopoulos speaking about where he sees the future of the whole space going can't remember which one it was though