<oembed><type>rich</type><version>1.0</version><author_name>mleku (npub1fj…mleku)</author_name><author_url>https://nostr.ae/npub1fjqqy4a93z5zsjwsfxqhc2764kvykfdyttvldkkkdera8dr78vhsmmleku</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>what do tou mean by money replacement, like muses money substitute? money means coins, on the old sense, and utxos are like a con you can divide.&#xA;&#xA;digital gold i suppose you mean as in reserve asset like how banks hold it to secure their currency. a base layer, settlement.&#xA;&#xA;why it is confusing is bitcoin is not suitable as a payment method, it is more useful as a settlement periodically for an actual payment system lke lightning, which is like a correspondent bank pair, you in one place, me in another, each side tracks a channel that is the balance of how much either side received or spent.&#xA;&#xA;the whole bip110 thing is about the ongoing attempts to destroy bitcoin&#39;s value as a settlement layer by making it into a digital casino with &#34;assets&#34; and &#34;smart contracts&#34;. but that is what taproot is for but strangely nobody wants to admit taproot is specifically intended for enshitcoinification, and has zero legit use in the settlement layer thesis.</html></oembed>