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littlecranky67yesterday at 7:42 PM3 repliesview on HN

Whenever people say Bitcoin has no usecase, this is exactly my usecase. Of course, only in conjunction with Lightning (a layer 2 solution building on Bitcoin with anonymity and instant transaction settlement). Censorship-free, no relying on third parties, free and open source software to make and receive payments. Yes, I know, bitcoin is too volatile. The reason that it is volatile, is because it has almost no adoption compared to the Euro. But lightning can also be used to transfer stable coins - i.e USDT works via bitcoin taproot asset management. Now I don't trust a El Salvador baed company and thus not USDT, but the EU could fix this by having a central bank issued stable coin pegged to the Euro. The entire software stack would be based around taproot asset management and lightning, done in the open by the people, for the people.


Replies

pyrolisticalyesterday at 9:49 PM

What about the fraud protection offered by credit cards?

b65e8bee43c2ed0yesterday at 7:44 PM

>Censorship-free

and you think the EU would want that?

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