this post was submitted on 27 Jul 2025
633 points (78.6% liked)
memes
16728 readers
2742 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you're paying for small good (25-50$) you usually pay in "Satoshis" 0.00000001 BTC. If you convert it to dollars, 10 satoshis is 1 cent.
Case in point
I still haven't come across anywhere, or any reason, to buy goods with BTC. I look for things I need, not ways to spend. I have these beautiful apps showing me clearly how to buy bitcoin, but no one is giving me any reason to do it. What am I supposed to do with a satoshi? Groceries? Nope. Furniture? Nope. Housing? Nope. A T-shirt with some BTC logo on it? 🤨
Anything you can buy cocaine with is fiat currency imo
The only reason I've ever used crypto is to buy DIY HRT and other drugs off the internet :)
And twenty bucks to the Chinese miners as a “transaction free”.
Lightning network, taproot, all that shit, just paper over the fact that Bitcoin cannot, by design, handle enough transaction volume to become a general purpose currency without reinventing a lot of mostly centralized payment infrastructure.
Lightning is generally pretty stupid
It's a catch 22 solution. It only allows bitcoin to scale if hardly anyone settles back on the bitcoin network.
You can commit money to a payment channel with a third party to create a private ledger so the third party can perform payments in your name to someone in using their shared channel on their private ledger.
Motherfucker, that’s just a bank and two bank accounts with extra steps.