Lucid's avatar
Lucid 1 week ago
Idk yo Coinkite hack Bip 110 What content???? There seems to be no non kyc options or secure self custody. I'm shook

Replies (1)

Nah Bitcoin ain’t “dead,” if anything the open source project is showing itself to be extremely resilient in face of layer provider failures (exchanges, wallets, L2 protocols). Even then there is a healthy diversity of competing exchanges/brokerages, wallets, L2 protocols and sub-implementations. I think you might be taking the lack of “noise”and new entrant hype/FOMO mania as Bitcoin being “dead,” but here we are holding steady with only about a 5% price draw down (for now anyways) following a hack of the largest exchange - in years past think would have kicked off a 20-40% price panic in a single day. Right now Bitcoin is just quiet. My feeling is that almost no one is currently paying attention to Bitcoin other than people who are already in Bitcoin, and we appear to be holding up a robust floor price without any new speculative influx, which is great.
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