Quote from: Despairo on August 26, 2025, 12:15:40 PM

Quote from: HardFireMiner on August 26, 2025, 10:57:51 AM

I dont see no difference in becoming salary in BTC or $. Now with as less as 0,5$ you can convert up to 500$ into BTC and the other way around. Yes, there are a couple of click to be made but still, it is 0,1% commission.

So if my salary is $500 and I can spend the whole $500 instantly, you're asking me to wasting my time to convert the money into BTC and pay $0.5, which left me $499.5 to spend and I also need to spend <$0.1 for every transactions I made?

If I received my salary in Bitcoin, this will encourage me to spend it.

Lightning fees are 0.5¢ (yes, cents). Saved 5 mins yesterday buying coffee with Phoenix. If your "salary" takes >10 sec to convert, you’re using the wrong wallet. Try it before FUD.

Quote from: alani123 on August 26, 2025, 10:05:28 AM

Bitcoin layer 2s are not bitcoin and even the more let's say promoted solutions like the one programmed by Adam Back are flawed in their design.

There's a centralised point of entry and exit for BTC in and out of this system and the issue remains that this ends up being trust based along with all the problems of centralisation.

How independent could a layer 2 remain if the programmers on the payroll for it were arrested and the company developing it disbanded?

We've seen in Coinbase's later 2 as well as in solana chain transactions were halted for extended periods of time until a fix was issued.
These situations are not pleasant and hint to extensive centralisation in these systems.

The most independent form of scaling for BTC is on-chain. Currently with segwit blocks there can be maybe 7 thousand transactions in a block every 10 minutes? Well, surely it's not fast enough to verify a transaction at this pace for everyday needs and also not enough capacity.

Hardware and network infrastructure had improved since this debate was happening last time, so perhaps it's time to start discussing on-chain scaling again.

L2s are Bitcoin (see: LN’s 17k nodes). Arrest devs? LN runs on your node. Coinbase/Solana halts ≠ decentralized L2s. Your "centralized exit" myth died with Fedimint’s trust-minimized custodians. Do homework.

Quote from: nemesis_incarnate on August 26, 2025, 07:52:05 AM

I would say that for most, it's the UX friction, especially for those getting used to CEX-based experience, imo.. Other than that, I think it will become better and better as time goes on + the BTC payments made through Lightning is only going to increase..

CEX UX is jail. Lightning apps like Muun or Phoenix beat any exchange’s "simplicity" for payments. Try sending coffee money on Coinbase vs. scanning a QR in 2 sec. Merchant adoption is the real wall, not UX.