Repeating things does not make them true though. Also nothing was settled, we never voted for a "forever 1 mb limit" in 2017. And a lot was promised in 2017 but very little was delivered.
The 1mb limit is ridiculous, a 12TB hdd costs around $100, if one wants to run a node and does not want to spend a few hundred bucks for that, he should not run one.
The result of that limit is that fewer people can afford onchain fees, self hosted lightning also gets unattractive due to high fees and most people are pushed into custodial lightning wallets, which offer zero privacy, zero sovereignty, full dependency from a third party and soon KYC and AML.
Without offering sovereignty and privacy, BTC gets integrated into the banking system and we win nothing
chucklangstrumpf / Chuck Langstrumpf
npub1yv5…00ky
2024-06-23 07:39:58
in reply to nevent1q…pm8q
Author Public Key
npub1yv54qfj70fhwkxul7zuqyztvutmegqsdjychan3fp6hsdyvmgpjspr00kyPublished at
2024-06-23 07:39:58Event JSON
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"created_at": 1719121198,
"kind": 1,
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"content": "Repeating things does not make them true though. Also nothing was settled, we never voted for a \"forever 1 mb limit\" in 2017. And a lot was promised in 2017 but very little was delivered.\n\nThe 1mb limit is ridiculous, a 12TB hdd costs around $100, if one wants to run a node and does not want to spend a few hundred bucks for that, he should not run one.\n\nThe result of that limit is that fewer people can afford onchain fees, self hosted lightning also gets unattractive due to high fees and most people are pushed into custodial lightning wallets, which offer zero privacy, zero sovereignty, full dependency from a third party and soon KYC and AML. \n\nWithout offering sovereignty and privacy, BTC gets integrated into the banking system and we win nothing\n\n\n",
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