Beyond Coffee: Bitcoin for Every Day Use with Lnurl (opens in new tab)

(degreesofzero.com)

2 pointschill15y ago4 comments

4 comments

More band-aids indictive of an inadequate desjgn.

Wake me up when Bitcoin's primary function, utility and real world impact is something more practical and positive than speculation and energy consumption.

chill1OP5y ago

The internet didn't magically appear one day in its current form. It is a pile of good-enough solutions, layered on-top of one another as they became needed. The same could be said for many of the other systems that humans have developed.

alwillis5y ago

The internet didn't magically appear one day in its current form.

Correct. Considering we've never seen a decentralized store of value requiring no trusted intermediaries on its way to becoming a reserve asset before, I'd say bitcoin is doing pretty good at a nearly $700 billion market cap.

jqpabc1235y ago

It is a pile of good-enough solutions...

The real problem is that the foundation of Bitcoin is not good enough to ever function as a practical, real world currency.

And over a decade of development and use has produced little evidence to the contrary. Bitcoin's main function remains speculation.

j / k navigate · click thread line to collapse

4 comments

jqpabc1235y ago

More band-aids indictive of an inadequate desjgn.

Wake me up when Bitcoin's primary function, utility and real world impact is something more practical and positive than speculation and energy consumption.

chill1OP5y ago

alwillis5y ago

The internet didn't magically appear one day in its current form.

jqpabc1235y ago

It is a pile of good-enough solutions...

The real problem is that the foundation of Bitcoin is not good enough to ever function as a practical, real world currency.

And over a decade of development and use has produced little evidence to the contrary. Bitcoin's main function remains speculation.

j / k navigate · click thread line to collapse