mk pfp
mk
@mk
If the world is to flee into a digital asset, Bitcoin just isn’t going to cut it. Bitcoin is difficult to transact. It’s difficult to trade without a third party taking custody. Mining is energy intensive and physical centralized. It hardly suffices for that role at this time.
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7858 pfp
7858
@7858.eth
In a true meltdown we’ll probably see ~3 chains emerge as schelling points for different needs Btc for security and stability despite drawbacks. Eth for complexity and best balance of all worlds. Some high throughput shitcoin for coffee.
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✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
People will buy their coffee in usdc on a rollup, and it’ll feel just like apple pay.
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✳️ dcposch on daimo pfp
✳️ dcposch on daimo
@dcposch.eth
There might be a day in the far future when a significant number of ordinary people do everyday transactions in a pure cryptocurrency. The prerequisite is years of stability. It has to become boring and lindy, the 100x gains and "winters" a historical footnote. I wouldn't hold my breath.
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