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Giacomo Zucco @giacomozucco
, 10 tweets, 2 min read Read on Twitter
1) Tl;dr for this thread:

"I want a cheap and fast system for small/instant transactions in my physical shop!!!"

"Ok, the rational choice is to accept credit cards, applepay and stuff like that."
2) "But...but I want a cheap and fast system for small/instant transactions in my physical shop using Bitcoin, because, even if I don't need censorship resistance, Bitcoin is cool!!!"

"Ok, the rational choice then is to use trusted third parties for bitcoin-nominated tabs."
3) "But...but I want cheap&fast using Bitcoin without trusted third parties because, even if there isn't real counterparty risk for small/instant transactions in my physical shop, that would sound less cool!!!"

"Ok, the rational choice then is to use trustless layer 2 systems."
4) "But...but layer 2 solutions right now are complex/geeky! I want cheap&fast using BTC w/o trusted third parties made simple, turn-key, with easy UX!!!"

"Ok, the rational choice then is to invest some money and developer hours in building those solutions."
5) "But...but I don't want to invest&wait! I want simple&ready-to-use cheap&fast BTC w/o TTPs for free&right now!!!"

"You're asking a lot. Not free/instant, but you can start optimizing onchain blockspace use: SegWit, batching, good coinselection, good fee estimation w/ atoRBF."
6) "But...but that sounds like a lot of work too!!! No way!!! I want simple/cheap/fast BTC w/o TTPs for free&right now, sure...but I want all that on the same legacy shitty wallet I am using already, w/o optimizations/upgrades!!!"

"Not sure you can have that, my friend. Sorry."
7) "What???!!! What do you mean I cannot? I am so pissed off right now!!! I will migrate to a centralized, scammy clone of Bitcoin, w/o developers, w/o importante upgrades, w/o peer review, w/ a smaller market cap, w/o enstablished financial instruments, w/o merchant adoption!!!"
8) "Uhm...are you sure? Disregarding ethical concerns in taking part to phishing attempts & frauds like the one you're talking about, how is that going to help w/ fees? Worst case scenario you would pay DOUBLE BTC onchain fee, plus scamcoin onchain fee, plus DOUBLE exchange fee!"
9) "I don't care!!! I will do that anyway!!! Even if I will have to lose some money (either spending way MORE fees, or investing long term in a centralized scam)! Then I will show you how pissed off I am!!! I'll show the whole world!!! So they'll give me what I am entitled to!!!"
10) "Ok, pal. Good luck with that. Merry Christmas. Bye."
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