Conversation

SBF
@SBF_FTX
To be clear I also said that it _does_ have potential as a store of value. The BTC network can't sustain thousands/millions of TPS, although BTC can be xfered on lightning/L2s/etc.
Quote Tweet
Wu Blockchain
@WuBlockchain
FT: Sam Bankman-Fried, founder of FTX, said that Bitcoin has no future as a payments network because of its inefficiency and high environmental costs. Countries such as El Salvador and the Central African Republic have adopted Bitcoin as a legal tender. ft.com/content/02cad9
969
3,225
SBF
@SBF_FTX
Replying to
@jack
honestly? It's a big mouthful to repeat the whole set of ways that BTC can be transferred each time I'm asked the question, and I'm asked it a *lot*; some of the sentences I say won't include the word "lightning".
129
448
jack
@jack
Replying to
@SBF_FTX
eh? It's easy: "...and lightning was designed to make moving bitcoin for every day transactions fast."
102
2,341
SBF
@SBF_FTX
Replying to
@jack
yeah so I do usually say something about lightning in these interviews--the problem is that, in the *same interview*, I end up saying something like 12 different sentences, and to avoid them being able to quote me out of context I'd need to say it 12 times
62
298
₿TC₿ite
@btcbite
Replying to
@SBF_FTX
and
@jack
Why responding/giving them an interview tho if you know how it's gonna end up? Some football players from Spanish clubs already ignore media due this things and participate in podcasts and interviews from streamers or youtubers where the enviorment is way more friendly
1
1
Volt
@Bitvolts
Replying to
@SBF_FTX
@btcbite
and
@jack
Well, it's the job of reporters to quote you out of context as they do with politicians & direct the story in their own direction & in this case spread fud & fear.