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Bitcoin solves the problem of governments printing money and selecting winners, it doesn’t replace financial instruments and institutions. Sure, you can self custody and run your own lightning node, but not everyone can or will. Bitcoin lowers the barrier of entry to becoming a banker and starting financial institutions. Bitcoin lowers the expense of managing and maintaining such institutions. But if you think bankers are going to go extinct, you’re in for a rude awakening.
Didn't even work on Nostr. As soon as it's a smaller amount of money, Most people switch to a mint.
And yet we still hear it from the rooftops. Bitcoiners high on their own supply