new features in the last 5 years like segwit/taproot were not added to give new features to bitcoin.
taproot was done to strengthen the weak bridge to liquid, to then grow the liquid network
same was so for segwit, to strengthen the weak bridge to LN
(both of them are still weak and the pegging mechanisms of both still have flaws. thus still a risk to not treat those altnets as a safe store of value. and instead should only be thought of as niche service networks for temporary use for specific limited usecases(as long as people are risk aware while using them))
over 5 years bitcoin fee's have not dropped to sub penny prices like promised. instead people have to offramp away from bitcoin and use other networks for sub penny fee's
over 5 years bitcoin transaction count has not exceeded the max tx possibility that was called out in 2010(7tx/s) yep
BITCOIN (not talking about the name borrowing subnetworks pretending to be bitcoin 2.0)
bitcoin has not had much development that actually allows more utility ON THE BITCOIN NETWORK
if we start to let 'msat' or LBTC tokens to be the measure of value. where people are locked into those other networks for months/years/forever, then it will make bitcoin irrelevant., because those other networks are already designing ways for people to obtain those measures direct from fiat without ever having to buy/hoard bitcoin.
the dev politics of sponsoring devs to spend the last 7 years concentrating on ways to create subnetworks that offramp people away from bitcoin. has caused alot of dev politic controversy while not letting bitcoin, as bitcoin to evolve in-of-itself
we should not be complacent and just let things happen with human emotion of trust and loyalty that "core" know best. we should actually care about the bitcoin protocol and be on the watch out for those in central control, and keep them under our watch and not fear calling them out when they are not helping the bitcoin community and he protocol
even the lead maintainer is calling out on the centralisation of core, and also how things need to start evolving,
getting back to a place of a decentralised network not a distributed network
getting back to a open gated network, not a open source
yep saying open source is like saying "an open newspaper". its just means you can read the inside pages, it doesnt mean anyone is able to be a reporter/editor
i am a bitcoin maximalist. i fully support bitcoin(the protocol) and want to protect it. i am not a business loyalist.
i am a realist i dont spout out over promises and utopian dream sales pitches of exaggerations.. nor do i fear calling out the limits and flaws.
bitcoin has great potential but the last 5 years has stalled, that needs to change
i'm not smart enough to know so much about LN and liquid and dev issues but if all of this is true then bitcoin has some problems. i think it's a good place to wrap up this thread and lock it. and leave people with your thoughts on the matter which i have enjoyed getting to learn about throughout this thread. i hope people will take them seriously.
