Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Mike Hearn Leaves Bitcoin
by
thecodebear
on 09/08/2024, 02:20:47 UTC
⭐ Merited by hugeblack (2)
This might be an ill-informed question, but I came across this recently and was wondering how we feel about BTC upgrades/improvements?

It feels like BTC is now chasing fiat gains over building a global p2p economy, hoping that lightning network or some other L2 solves the scaling problems for non-custodial transactions.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7


That post was from 2016. Needless to say, that post was wrong. Bitcoin is still here and growing and thriving. It didn't fail. It is continuing its path to becoming the humanity's alternate currency.

And of course we are looking to L2 for scaling, that's the only way to scale a decentralized system.