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Ironically, we are today making the same mistake the largeblockers did.
The problem with LargeBlockism was that, eventually, a node becomes too expensive, people don't run nodes, and then you are just left with Bitcoin as an inefficient version of VISA / WeChatPay.
Today, we have many users of "custodial" lightning. Custodial = infinite blocksize node. We also have non-cypherpunk leaders, who do not care about privacy. A non-private node = an infinite blocksize node.
We also have people who address the "node problem" via shame. That won't work.
What we should do is:
- Activate BIP300
- Shrink L1 blocksize
- Release largeblock sidechain for payments, with fraud proofs
- Release privacy sidechain, for eternal optimal privacy
- Build many L1 tools to make running an L1 node fun and easy and useful, such as CoinNews
I have actually already done all these things, so we could do all of this tomorrow. Instead, however, we are focused on the opinion of tradfi , etf , various laws, etc.
We must be focused on the user experience, of course.
Day 297 of snailposting everyday 'til BTC hits $100k.
...and 97 push-ups. (20 - 20 - 20 - 20 - 17)
__@_'-'
This is a quick way to get muted and outlawed son.
You will earn little to no sats posting like this. I’d suggest changing strategies.
https://www.zapread.com/i/--F