the distrust of crypto is totally warranted — it's largely speculation and noise. but putting bitcoin in the same bucket is a mistake. they're not the same thing #bitcoin#crypto
there is no "bitcoin balance" in the way you're thinking. on the base layer, paying for pizza would only leak that one utxo — which is not all the bitcoin i own. on lightning, the payment simply fails if i don't have enough on my side of the channel — it's enforced by cryptography, not trust
Alt...A humorous illustration featuring two figures in a snowy landscape. One figure is crouched and asking how another knows a Mac user has been there, while the other points out a ".DS_Store" file, referencing a common MacOS hidden file.