A question to Core supporters: how is the blockchain supposed to be secured once the reward is low and all the transaction fees move to the LN?

🎉Happy birthday Bitcoin!🎂You are 10 years old now!🎉Birthtimestamp: 2009-01-03 18:15:05 UTC🎉

https://coin.dance/ add PoW comparision graph for BTC, we have a large gap with BTC

damn! need a log scale for that.

https://honest.cash/FUBAR165/how-layer-2-solutions-give-take-even-more-power-from-the-average-user-and-give-it-to-whales-2198

Here is a great example of the growing up that the industry needs to address: https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

If only a small percentage of the worlds population can afford to use something then it has already lost the decentralization battle.

A Dollar And A Dime Value

What is necessary for Bitcoin to have mass adoption?
What is the true value of Bitcoin?
The answer: People and businesses have to use the system and
the base formula for the intrinsic value of any income producing asset is
(VIR) Value = Income / Rate. All of capitalism operates on this formula.

Ultimately all ‘cryptocurrencies’ will have to address this basic equation or go into oblivion.
Miners and validators need rewards and fees or they are gone. Mining rewards are halving and transaction fees are high.
People and businesses, merchants and customers need ease of use and reasonable fees or they won’t use the system and will go somewhere else. Transaction times are slow and transaction fees are high.

Lower Fees require Scale allowing more transactions at lower cost with greater income.
Scale allows utility were businesses can invest and build systems that generate more transactions generating more fees and greater income.
Utility creates diversity gene...

I often feel the #Bitcoin social space is a 2:AM neighborhood filled with incessant barking dogs and rattling garbage cans.

Why High Fees Will Force Centralized Mining and Become a Possible Attack Vector - https://honest.cash/FUBAR165/why-high-fees-will-force-centralized-mining-and-become-a-possible-attack-vector-4632/

Do people using LN channels have any clue how people pay bills? -- https://honest.cash/FUBAR165/do-people-pusing-ln-channels-have-any-clue-how-people-pay-bills-4788

I'm almost convinced that LN and Segwit are just jokes that got way out of control and are militantly backed by people with schizophrenia.

Satoshi’s Writings Proves Bitcoin not Built Primarily as Store of Value http://sampatt.com/blog/2019/06/06/breakdown-of-all-satoshi-writings-proves-bitcoin-not-built-primarily-as-store-of-value

https://twitter.com/SamuelPatt/status/1136617299853623297

denominated in BTC but makes a good point (better if there were graphs of exchange rate over time). https://www.fiatmarketcap.com

“One in five Turks said they had used or currently owned crypto currency in the 2019 online poll.” https://www.zerohedge.com/news/2019-06-17/how-common-crypto

"Without making any further assumptions, the million dollar bitcoin will arrive on or around August 13, 2020."
https://medium.com/@zeptochain/the-million-dollar-bitcoin-4c108f3706b

Could "Liquid Maintenance" Along With Tether Be Used To Manipulate Markets -- https://honest.cash/v2/FUBAR165/could-liquid-maintenance-along-with-tether-be-used-to-manipulate-markets-5847

DEEP STATE - Who they really are, How it relates to Politics, Monetary, Economic & Bitcoin System

Just realized Blockstream and their cohorts resembles a government.-- https://honest.cash/v2/FUBAR165/just-realized-blockstream-and-their-cohorts-resembles-a-government-5892

The State of Bitcoin Core

Tether can only go up, they are tethered to the sky

What are the implications of today's Kleiman V Wright ruling? https://old.reddit.com/r/btc/comments/cvyqcp/what_are_the_implications_of_todays_kleiman_v/

The "Lost" BTC on LN. Have crimes been committed? https://redd.it/dmth3c

https://coinspice.io/news/university-researchers-lightning-network-is-economically-irrational-and-has-privacy-shortcomings/

https://tncpw.co/cb36c1b9