Content
@
0 reply
0 recast
0 reaction
Jorge Schnura
@schnura
Bitcoin is, sadly, doomed. Once issuance reaches 0 that'll be the total revenue for securing its network, meaning there's no sense in doing so and exploiting the network will cost nothing. The more BTC scales through L2s the less fees accrue to L1 and hence the less the security budget
14 replies
22 recasts
67 reactions
Jorge Schnura
@schnura
The only way out for Bitcoin, sadly, is to a) adopt PoS so that it doesn't depend on volume (not a quality of an SoV) and b) implementing ZKPs so that it can be properly used on Ethereum+L2s and generate some fees through bridging
0 reply
0 recast
3 reactions
