Thread

Didn't ask

Yeah, I really don't understand how people don't get this. With a 10m block time, Bitcoin was never intended for typical retail... BY DESIGN! It is P2P, not retail. Certainly some retail applications could easily use it... like buying a car. But, most couldn't. No one is going to stand in the grocery store at the register, waiting 10m to a half hour or more, for their grocery purchase to clear. It doesn't matter if the fee were only 1 Satoshi.

This is the reason every attempt so far has failed. BCash. BSV. Any other on-chain shitcoin. No measurable retail adoption.

I don't think the example was a grocery store. Did you mean to change the subject to how you're against Bitcoin grocery stores (which you correctly assume I support), or are you just going along with a the thoughtlessly-harass-whoeverlovesDigit bandwagon?

Typical whoever stalks Digit response: “Don’t debate me on the topic, everyone is harassing me!”

My Bluesky ban was based on accusations of me singlehandedly doing harassment on my own, with one Bluesky account I think a horde of people coordinating to gang up on me with retarded gaslighting and shit counts If it doesn't, then surely one person arguing doesn't either, so have you made similar complains to Bluesky on my behalf for fairness' sake, or are you banned from Bluesky now too? That was where we first met, remember, and I remember you siding with the gangstalkers there too

A layer two solution that handles all the micro payments throughout the day, with an on-chain settlement at the end of business (daily/weekly) is very feasible and one node can handle all the micropayments of a massive shopping mall

Or maybe…

I don't see how this answers what I said That seems to be a trend with your replies Please try again

Yeah, and that is really how most businesses operated up until things went digital. Someone went to a bank, and got a bunch of change and put in cash drawers and their vault. Then, settled up with the bank and their accounts. Repeated each day.

That's not good

Except now they don’t need the bank.

In China, they transact via QR code and personal wallets with no need for a bank. Nobody has cash or credit cards, even old people and poor people transact with their phone - everyone has one. The technical infrastructure is already there, but bitcoin will make the process decentralized… so you can’t be debanked.

Because they can use a proof of work blockchain instead of lightning or a checking account

For ultimate settlement. Not small payments. This is not a hard concept to understand.

I use proof of work blockchains instead of lightning or a checking account regardless of the size of the payment This is not a hard concept to understand

Good for you, buddy. This is why you’re special.

No, I'm special because I've met Digit It still doesn't seem like you've given a proper response to this btw - might as well mute me if you can't handle responding properly to everything in a discussion

Yeah, it has flaws, but worked for hundreds (thousands?) of years. We can now do much better with digital and eliminate some of the flaws. The problem, I think, with saying now that we're digital, we'll just bypass the above model, is that there are tradeoffs. If we just do everything direct, then we run into that chain-bloat situation. Going to a somewhat parallel model to the 'cash drawer' (like Lightning), solves the chain-bloat problem, but has to accept a few tradeoffs.

Soft money never worked usefully, it only worked for harming and killing

Nope I'm a highly intelligent person who gets targeted with harassment and gaslighting because I'm a threat to the global military industrial complex and associated deep state arms

And Digit is a friend I met on wallstreetbets who's even smarter than me (but not as sane, seemingly)

There is also pphil or pphrank or whatever his name is who goes around telling people Bitcoin will never work.

Damn Bitcoin. Get a job!

That's literally what the thread you're in is doing while they accuse me of being the "village idiot" you fucking retard

And while they call me Digit even though she's even smarter than me, why the fuck conflate us? She doesn't even like me. Disrespectful as fuck

Imagine basing your entire online persona around somebody who never wants to hear from you again.

I don't have to imagine Weird how you're telling me to imagine my real life while you can't handle imagining it yourself You also still haven't properly followed up on your statement about "harassment" here - might as well mute me if you're just going to keep spamming new bullshit without following up on any of it

Nah, I’m not going to address all your compounding grievances. That’s what therapy is for.

First thing you're making me repeat: Weak gaslighting attempt, glowie.

Second thing you're making me repeat: might as well mute me if you're just going to keep spamming new bullshit without following up

Both with 1 reply, after making me repeat myself a bunch of times already in other replies You're truly bad at reading View quoted note →