@jack @ODELL, low value bitcoin payments will likely be the last use case to gain traction. (Only makes sense when there is no tax on disposal which need SoV to happen)
Nostr zaps are great. But if we want to accelerate, we first need the use cases that allow use of bitcoin as collateral.
- bitcoin backed loans
- bitcoin denominated insurance
- bitcoin rewards credit cards (surely cashapp can do this one?)
L2’s are essentially bitcoin banks with some kind of “crypto POS/ optimistic roll up” governance.
We need a marketplace of competing L2s (and custodians and cash mints) with frictionless lightning bridges between them so that users can exit bad governance
