The big one, I think most people can agree on is suitable La...

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Kind-1 (TextNote)

2026-03-09T05:57:26Z

↳ Reply to HoloKat (npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac)

Improving how?

The big one, I think most people can agree on is suitable Layer 1 Privacy Protocols by default.

The current protocols are not by default, are expensive, have low anonymity sets, and result in coins being flagged as tainted.

One that some disagree about is Unit Bias, decimalization makes transacting more difficult since people prefer integers.

Long term mining security, either mining will have to be funded by expensive transaction fees, or more coin issuance.

Lost supply, the total approximate supply available between regular people is about 57%. https://i.nostr.build/W4aZ4jhvXPtQpuM8.png

Pool Centralization/ASICs, returning to cpu minability.

Scalability, yes I know muh lightning. (I don't think I even need to mention the problems with lightning 😑).

It's been a while since I've gotten into a discussion about this, and I know others have mentioned similar problems as well.

And I'm not even going to mention C v K.

In my honest opinion, I think Bitcoin has a few things that need to be improved, or changed but I know tradeoffs exist.

A lot needs to be changed to see Bitcoin as cash, too many people see it as valuable, and don't use it, and fear any notable privacy protocols would hinder its value prospect by limiting legal liquidity.

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