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2026-09-29 16:26:35 UTC

Ivan on Nostr: Bitcoin is not good at transactions— is this surprising at all? Is Bitcoin easier ...

Bitcoin is not good at transactions— is this surprising at all? Is Bitcoin easier to control if it is only used as digital gold? I know we have the Lightning Network and other developments in progress, and Lightning does work technically. People use it every day. But it hasn't delivered self-custodial, private, everyday payments at scale, and much of its real use runs through custodial wallets.

Bitcoin, when I first started a decade ago, was so exciting as a tool to be money outside the state, but it seems we have become so intertwined that it has lost its roots—or maybe I am just getting old and it has lost its luster. I guess another, better form of savings is life‑changing in itself, but I had much bigger dreams for Bitcoin. Maybe it just takes a little longer.