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A lot of people are getting burned right now from the big lie, the one that enables the rest. Read the original Bitcoin whitepaper folks, as well as the early S
by SnowProblem 4y ago
A lot of people are getting burned right now from the big lie, the one that enables the rest. Read the original Bitcoin whitepaper folks, as well as the early Satoshi posts. Bitcoin was designed for "small casual payments" on the web, and it used to function for that. No longer. You needed low fees and big blocks. People invest in BTC now thinking it still has these properties, but BTC has not been Bitcoin since 2017. Then they propped up Lightning network to hide the failing narratives, but anyone who reads the LN whitepaper would see it would never work. I'm not angry about it anymore. It's just a damn shame and people are getting hurt.