Thread

Not enough daily use amongst average people. Majority hodl for NGU. Only a handful of my customers ask to pay on chain, and that is probably due to the incentive offered to do so. Institutions adopting before the network really took off with the public for its original intended use case is no bueno.

I use it regularly on lightning

Game over? Its the only game. What is the alternative? Bitcoin will be used when It gets used. There isn't a time limit for adoption.

Taproot fixes this. We can build an entire free market on top of Bitcoin — and that’s just Layer 1. Payments are only the first use case. Imagine everything you built at Twitter and at Block, but recorded on a timechain to prevent double-spending. You can go multiple layers deep, and each layer still outperforms the current fiat system. Now think about what this unlocks for Cash App: by adding first truly non-rigged free market. And the best part? npubs and Taproot addresses are fundamentally the same — just different prefixes. The social layer is already in place. We just need to study Taproot and start using it.

let’s buy some cows 🐮 View quoted note →

You empty blocks are my opportunity to consolidate utxo's and optimize my stack for the future View quoted note →

Short of offering insane discounts to buyers who pay with Bitcoin, I have no idea how to improve this. I can't even get friends to install a hot wallet.

On-chain zaps

I'm doing my part

nevent1qqsxarkgjvv82lnsn8nypnhch6pa4dea28es4u6glu8mh2zpwrm6wcspz3mhxue69uhkummnw3ezummcw3ezuer9wcpzpk6sd2ye0lwaef7g9uqrdrmenws96n5j8l3p0cx7ymnjlwhmrpmrqvzqqqqqqy7uy25a View quoted note →

1-2 years ago: “Quick, we need to rush in BIPs or else Bitcoin will be dead because the block space fees are too high!!” Today: “Quick, if we don’t get the block space fees high then bitcoin will be dead!!” Reality: spam deterrent working exactly as intended. 🫡

How's Mercury Wallet going...? Last I noticed I was forced to sell my Commerceblock stock 🫣

Fico impressionado como ainda existem pessoas que não compreenderam que o Bitcoin e os "bitcoiners" não estão verdadeiramente interessados em promover uma moeda P2P acessível a todos os cidadãos. Muitos defendem que a Lightning Network é a solução ideal, mas frequentemente recorrem a serviços como a Wallet of Satoshi, que é custodial, ou seja, centralizado e dependente de terceiros. Isso ocorre porque a barreira de entrada para utilizar a solução de segunda camada com soberania — como configurar um nó Lightning — exige equipamentos sofisticados, como servidores dedicados ou hardware especializado, além de conhecimento técnico avançado para instalação, manutenção e gerenciamento de canais. Adicionalmente, é necessário imobilizar quantias significativas em BTC para abrir e manter esses canais, garantindo liquidez suficiente, o que torna o sistema inviável para a maioria das pessoas comuns, especialmente em países em desenvolvimento onde o acesso a recursos financeiros e tecnológicos é limitado. Por outro lado, a Nano oferece uma alternativa simples, rápida e sem taxas, permitindo que qualquer pessoa, independentemente de seu nível de conhecimento ou capacidade financeira, utilize uma solução verdadeiramente descentralizada diretamente na palma da mão, por meio de carteiras leves disponíveis em celulares. Diferentemente do Bitcoin, que enfrenta desafios de escalabilidade na camada base e depende de soluções complexas como a Lightning, a Nano foi projetada desde o início para ser eficiente, com transações confirmadas em segundos e sem custos adicionais, democratizando de fato o acesso a uma moeda digital descentralizada.

Can we ever have “not enough” people using layer1? I mean eventually adoption will be on layer 2/3.

Empty blocks are okay and not a bad thing. It’s healthy and validation that the big blockers like Bitcoin Jesus were wrong. Onchain transactions are back to normal and the VC funded ordinal bros have moved on to chase the next shinny object. Also lightning has been firing.’ Crickets from the big blockers 🦗🦗🦗

This is our mission View quoted note →

I am locked in View quoted note →

This is why we started the #RealLifeBitcoin initiative. Bitcoin is a medium of exchange today. We are going to lean into it way harder. View quoted note →

Bitcoin derivatives & off-base-layer transactions were always going to play a major role in adoption and scaling. But yeah, it’s unsettling to see such low usage of layer 1 on a Monday at noon.

Can we please increase the block size now? 😂

Cheap sats! Cheap txs! Bitcoiner's paradise! Onboarding newbies! Shitcoiners somewhere else (for now)! Hurray! Party! Come on!

This is actually a great thing. It shows that Bitcoin is ready to be used by many more millions. It takes time to understand. I think many more people will come to Bitcoin soon enough.

99Bitcoins

Who Accepts Bitcoin in 2026? List of 20+ Major Companies

Who accepts Bitcoin, and what can you buy with crypto? In this article, you'll find the biggest online stores and businesses to spend your Bit...

isn’t verified, however you’re welcome

Usage is separate from utility. Keep push legends 🤙 #bitcoin #nostr

Good money will first be used as a store of value before it is used as a medium of exchange. Nothing has changed, let the process play out but I agree we should not be passive about it.

Mempool weather guys: Day-to-day transacting is happening on lightning. Take this considerably rare opportunity to consolidate UTXOs, manage lightning channels, encourage friends and family to get their savings off exchanges and into self-custody. Take advantage of it while it lasts.

If there would be no tax when spending bitcoin things would be much different.

It will happen sometime before 2140.

me see this me go buy miner

Everyone feel free to send me some onchain. bc1pv2nxnw2jyzevm7me2vjt4ucqmkp5em5rpp4d5vp6ck8xna72yltqjcgamp Thank you and have a great day :)

on-chain is cheaper than lightning？

Well, small businesses can accept BTC all they want, and it's not bad, caffes, gyms and others in small manufacrue or services, but if we don't get the big guys to accept it and make a circular economy we're moving nowhere. I am one of very few in my area that accepts BTC in person and on my webshop, but since I can't buy supplies with it needed to make the products or if just buying anything feels for a company or business as filling in immigration papers afterwards, the space will not move forward.

Serious question: Which advantage does on chain BTC offer as a payment method for real commerce?

The #Bitcoin protocol is intentionally structured to begin as a high-growth asset, shift into a store of value, and ultimately serve as a global digital currency. It must first prove its security through a trustless system. This transition is supported by its issuance curve and other key indicators like hashrate and mining difficulty. When it's ready, it will replace fiat. It’s a path built into its code. The stages need to play out. We will not force it. It will force us.

Routing on my LN node is still going ⬆️ consistently

I did my part yesterday by paying for my IPTV with on-chain btc. Also paid for my business cleaning with on chain via cash app

They use ln

How do we fast forward to medium of exchange when we have to fight through Gresham’s Law first. Bad money pushes out the good (good gets hoarded) and people exchange in the failing crap until you can’t anymore. People hoarded real pure silver quarters when quarters started being debased with cheaper metals. I’m not sure we can truly get universal medium of exchange until hyperbitcoinization

perhaps users want privacy even on their spends - once bitcoin can be used as simple as a visa card, entities will know the transactions a user makes, and in part the state. a user might have habits they do not want anyone privy to. wide adoption probably goes hand in hand with ubiquitous privacy erosion when the state constantly wants to know everything you do

Check out the @SoakQuest mission

Between lightning, liquid and cashu, it'll take time before the blocks are full again (unless we get spam again). I use bitcoin all the time, but rarely onchain. It certainly shows though that we don't need softforks for "scaling". Keeping bitcoin secure is the most important thing.

Reasons why Bitcoin will die aka „game over“: - too many people wanna use it - not enough people wanna use it - nation state adoption - no nation state adoption - fees are too high - fees are too low - some people don’t get it fast enough - some peiple get it too fast - Elon buys more - Elon sells some - Saylor buys more - Saylor sells some … 🤣🤣🤣

This is a sign of maturity. More of the float is moving off exchanges and to OTC. Store of value phase is significantly derisked now

Just calm down

Working on it...

Shopstr

Shop freely.

you run one of the largest payment processors in the world, maybe you should start with letting Square merchants easily accept BTC for payments!

O que são esses "blocos vazios"? Tenho visto isso bastante ultimamente.

I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.

Bitcoin Bank

Bitcoin Bank

We will need to create truly valuable goods and services equivalent to Bitcoin so that those blocks can be filled. #bitcoin #nostr

why is that? for me its the effect of good and bad money. As long as i have bad money to spend, there is no reason to let the good one go. Restocking good one after spending it makes me always lose some percentage. And refill the stack is always through high regulated KYC. I always feel they are comming after me. Europe has become a mega glass shithole and day by day it get worse.

CRAZY! How many lightning transactions during this time? Or is it none? Do those transactions show up in the memepool (‘s) at all? Hard to believe some bots weren’t zapping something.

This will not be a problem until all bitcoin has been mined. Then fees are the only value that incentives miners.

Incentives to spend bitcoin: - feels like the right thing to do when supporting services/biz/people you love - you're too short fiat and have no other option - you put a lot of time in your node/wallet setup and its cool AF - fuck the banks/KYC - some privacy and security gains (when you know what you're doing) Disincentives for spending bitcoin: - massive opportunity cost - spend weaker money first - capital gains on every fart - privacy and security risks (when you don't you what you're doing) - limited acceptance - setup friction/malfunction As of today, spending bitcoin is for the tiny minority of tech adept early adopters who make a conscious choice to do so for any specific reason(s). Not spending bitcoin is for everyone else. This dynamic can change when there are better Bitcoin-only products and services built on exquisite/tailored Bitcoin experiences that scale.

enter bitcoin jungle and bull bitcoin

GM! Need more people actually using Bitcoin (savings counts as using). View quoted note →

Save bitcoin and spend dollars is still the more rational economic decision. That doesn’t somehow devalue bitcoin.

So the “Never sell your bitcoin” narrative is bullshit huh

Wow… never seen this

Let the gamblers, the hustlers and speculators keep Bitcoin. Any crypto coin will do for liquidity, as long as the transaction fee and time is keept low. Just give discount to people if they pay in crypto, you save the sales- and income tax anyhow (or atleast you should).

Empty Block Behavior can balance as a natural byproduct when it happens unusually fast compared to either of its neighboring blocks. Almost all blockchains do this but only when EBB is seen more than 2 blocks in a row or having only EBB during 2 block time worth of IRL time before loaded block do we say that the empty block is a bad thing.

That is why we have block incentives, never underestimate people’s foolishness

crazy af to me… I never used LN once until nostr

Promoting custodians could help.

Wow in 10 minutes not 1 transaction?

If #bitcoin fails as medium of exchange, then we will be at the mercy of the government to give us permission to spend our USDT in goods and services they define as appropriate. View quoted note →

GOAL: GROW THE CIRCULAR ECONOMY. AS AN #ENTREPRENEUR A #BITCOIN STANDARD HELPS SMOOTH THE CHOPPY ROAD 📈📉📈📉📈📉📈 View quoted note →

Exactly. Bitcoin is already a SoV, no matter what your local twitter influencer says. It’s time to reinforce the MoE part, otherwise the SoV part will lose its significance. Bitcoin that is not used as money fails as gold too. Pro tips: ✅ Spend bitcoin directly whenever you can, then replace. ✅ If you have an online store, consider running a BTCPay server or use someone else’s to start accepting Bitcoin. Woocommerce for WordPress got you covered with a plugin. ✅ If you have a physical store, with a BTCPay server that is completely free you can set up a POS on any phone or a tablet to start receiving Bitcoin via Lightning. ✅ Explore apps like Bitrefil or Bringin that allow you to convert Bitcoin to fiat at any merchant and any service provider. Not ideal because of KYC and jumping in and out of fiat, but it gets the needle moving. ✅ Use zaps on Nostr to advertise your business to Bitcoiners. Or if you’re lazy you can: ❌ simp for Saylor, Larry Fink and Donald Trump and wait for them to pump your bags (they won’t) ❌ complain about the fiat price of Bitcoin ❌ never learn how to use Lightning ❌ stay economy illiterate ❌ be a lil bitch

Asexual men have been known to ask parents for aswarm sexy pictures as well Ben aswarm pretty much every day aswarm men are the most. Yes. 113 pm yes ok

We sell knowledge for Bitcoin. View quoted note →

the gold will move when it needs to. P2P just needs time and dev to grow

Kinda rich from the guy that doesn't even accept #Bitcoin for the Bitkey.

I reckon we'll spend Bitcoin when spending isn't a taxable event.

At least i want to believe those blocks are empty because people are holding. I REALLY want to believe!

Game over seems like a massive overstatement. Was people not using BTC over the last ten years already game over for us? Why would it be today? Adoption will be a painfully slow process.

lol Still can't buy a bitkey with bitcoin. Do better.