REALUSDT
REAL / Tether USD
crypto

>Confused if you’re calling me a low karma account with 13k karma?
No, I don't mean you. I made the edit after I read the other answer to your comment: r/CryptoCurrency/comments/1pdlgs0/gold_is_not_the_problem_your_moe_is/ns7j9vo/ Maybe reddit didn't show it to you in time?
>Lastly, lightning has not failed.
Oh it very much has. https://old.reddit.com/user/DangerHighVoltage111/comments/1ne1qyt/ln_fails/
What you see as "Lightning" today is almost completely custodial IOUs. Because that is the only way it scales.
>Ark is coming online to offer more options and liquidity on layer 2.
They all have the same problem: You need at least one onchain transaction and BTC is so massively crippled that this will not work at scale. Instead custodial solutions are rolled out providing nothing of the freedom and control an uncrippled Bitcoin would.
>This is all very predictable.
It is but in the complete opposite sense you mean it. BTC/LN is shoehorned back into custodial use so that banks and state can keep control if they decide to use BTC.
>Edit: also just to be clear, there is a mantra many actual bitcoiners use these days in place of hodl… it’s “spend and replace”.
I have not heard this in years from Maxis. Instead the few occasions I see a Bitcoiner talk about spending they get ridiculed by the majority of replies for spending their BTCs.
>Bitcoin incentivizes you not to spend it on shit you don’t need, which is a good thing. You should only be spending your money on things that are valuable to you and not because your money is evaporating like an ice cube. The REAL reason bitcoin is not used more broadly in the US in 2025 is because the tax treatment makes it a massive pain in the ass to do so.
Nice, that we agree, at least, on your last sentences 😄🙂

Confused if you’re calling me a low karma account with 13k karma? I have almost no moons because I sold the shitcoin years ago. Anyway…
The store of value narrative certainly exists… it’s not the end game. Saylor is shilling the narrative that will make him rich. As I said before, bitcoin CAN replace gold in many ways but that doesn’t make it more problematic than gold. Even saylor would certainly tell you that the root cause of the problem and the reason he uses bitcoin is fiat, not gold. He just also deeply ingrained in the fiat system and understands that it is probably better for him personally if bitcoin and fiat coexist.
Lastly, lightning has not failed. It’s being widely used today. Ark is coming online to offer more options and liquidity on layer 2. Bitcoin is continuing to expand adoption every day (available on all square terminals in the US) and folks on Reddit are still repeating a nonsense narrative that the internet falsely started a few years ago. Just because people have accepted bitcoin as a store of value does not mean that is where its path of adoption ends - it’s actually a required first step. This is all very predictable.
Edit: also just to be clear, there is a mantra many actual bitcoiners use these days in place of hodl… it’s “spend and replace”. Bitcoin incentivizes you not to spend it on shit you don’t need, which is a good thing. You should only be spending your money on things that are valuable to you and not because your money is evaporating like an ice cube. The REAL reason bitcoin is not used more broadly in the US in 2025 is because the tax treatment makes it a massive pain in the ass to do so.

>Confused if you’re calling me a low karma account with 13k karma?
No, I don't mean you. I made the edit after I read the other answer to your comment: r/CryptoCurrency/comments/1pdlgs0/gold_is_not_the_problem_your_moe_is/ns7j9vo/ Maybe reddit didn't show it to you in time?
>Lastly, lightning has not failed.
Oh it very much has. https://old.reddit.com/user/DangerHighVoltage111/comments/1ne1qyt/ln_fails/
What you see as "Lightning" today is almost completely custodial IOUs. Because that is the only way it scales.
>Ark is coming online to offer more options and liquidity on layer 2.
They all have the same problem: You need at least one onchain transaction and BTC is so massively crippled that this will not work at scale. Instead custodial solutions are rolled out providing nothing of the freedom and control an uncrippled Bitcoin would.
>This is all very predictable.
It is but in the complete opposite sense you mean it. BTC/LN is shoehorned back into custodial use so that banks and state can keep control if they decide to use BTC.
>Edit: also just to be clear, there is a mantra many actual bitcoiners use these days in place of hodl… it’s “spend and replace”.
I have not heard this in years from Maxis. Instead the few occasions I see a Bitcoiner talk about spending they get ridiculed by the majority of replies for spending their BTCs.
>Bitcoin incentivizes you not to spend it on shit you don’t need, which is a good thing. You should only be spending your money on things that are valuable to you and not because your money is evaporating like an ice cube. The REAL reason bitcoin is not used more broadly in the US in 2025 is because the tax treatment makes it a massive pain in the ass to do so.
Nice, that we agree, at least, on your last sentences 😄🙂

Confused if you’re calling me a low karma account with 13k karma? I have almost no moons because I sold the shitcoin years ago. Anyway…
The store of value narrative certainly exists… it’s not the end game. Saylor is shilling the narrative that will make him rich. As I said before, bitcoin CAN replace gold in many ways but that doesn’t make it more problematic than gold. Even saylor would certainly tell you that the root cause of the problem and the reason he uses bitcoin is fiat, not gold. He just also deeply ingrained in the fiat system and understands that it is probably better for him personally if bitcoin and fiat coexist.
Lastly, lightning has not failed. It’s being widely used today. Ark is coming online to offer more options and liquidity on layer 2. Bitcoin is continuing to expand adoption every day (available on all square terminals in the US) and folks on Reddit are still repeating a nonsense narrative that the internet falsely started a few years ago. Just because people have accepted bitcoin as a store of value does not mean that is where its path of adoption ends - it’s actually a required first step. This is all very predictable.
Edit: also just to be clear, there is a mantra many actual bitcoiners use these days in place of hodl… it’s “spend and replace”. Bitcoin incentivizes you not to spend it on shit you don’t need, which is a good thing. You should only be spending your money on things that are valuable to you and not because your money is evaporating like an ice cube. The REAL reason bitcoin is not used more broadly in the US in 2025 is because the tax treatment makes it a massive pain in the ass to do so.

"how are all those things coming along?"
They are going way too slow due to poor allocation of treasury funds.
"both can be pursued. I don't see why we need to lockout a memecoin"

I don't care that a memecoin exists, I care that the treasury is funding it INSTEAD of other projects. Scroll through Catalyst and look at all the projects related to things I listed which did not get funded. I don't know how else to explain that a budget has tradeoffs...
"just don't think any of those projects can bring the amount of liquidity necessary to kickstart a functioning defi ecosystem."

The idea that REAL capital is going to flow into an ecosystem for a picture of a snake and not for legitimate financial instruments is so bizarre I actually don't know how to respond to this.

If that bigness really turns into the biggnest, that $5 could be $7 in just a few years. And with runaway inflation, we're talking like $7.36 of REAL value