rich1.0buckyfonds wrotebuckyfonds (npub1x9…p6rta)https://yabu.me/npub1x9hghmfunry8wcgg8s8w5e3drmkndw92r8qu0cp2l28u32aqqn9q6p6rtanjumphttps://yabu.meI try to be a freedom maxi. Whatever gives you the most freedom is what you should use.
I've covered what made me fall out of love with Bitcoin in this article ( https://controlplanecapital.com/p/bitcoin-will-fail-as-mass-non-custodial ).
TL;DR - no privacy by default, DEI developers who've been attacking its sovereign/MoE use, L2s seem like a failed project at least from the mass, non-custodial use viewpoint, etc.
The community having to coordinate to defend Bitcoin from attackers all of the time (the Coordination tax I've written about) is why I think we'll be stuck in infinite "Bitcoin wars":
- Core v30 — Inscriptions / spam vs "art" (ongoing)
- Taint, "clean UTXOs" & compliant-Bitcoin vs grey-Bitcoin
- Node liability & "publisher" / CSAM / sanctions content
- Quantum-resistance, key-rotation & "lost coins"
- Paperization & "wrapped Bitcoin" vs base-layer Bitcoin
- Protocol ossification vs "surgery to survive"
- Blockspace & "digital cash vs data chain" (the rematch)
The Core v30 fiasco and how many people updated their node software by default, was a big wake up call for me.
If I immerse myself in all of this garbage, I'll probably start aging in dog years.