5min chapter

Citadel Dispatch cover image

CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

Citadel Dispatch

CHAPTER

How to Get the Next Billion Users to Have Sensitive to Bitcoin

I think we won't figure out how to onboard the next billion until there's actually pressure to do so, right? The crux of it all is that on-chain fee pressure. I mean, like Binance was talking about lightning finally, right? They've been talking about that for a couple of years. So maybe that's another way we get there. You know, if you can rebalance channels without more UTXOs with a 1.5-rate liquid, it helps a bit as channel factories. But people don't necessarily adopt them until the next wave of fees or issues have seen. We need to be prepared for a sustained high fee environment at some point.

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