šļø From Bitcoin Maxi to Kaspa Believer š Link: youtu.be/b4zGkX1ykvU?si⦠ā @realvijayk, a CFA who once went all-in on Bitcoin, now studies Kaspa. ā He says #Bitcoin isnāt perfect: slow transactions, over-reliance on Lightning, fee security risks after halvings, and centralized mining. ā Kaspaās BlockDAG tech enables instant settlement, fairer solo mining, and scalability on the base layer. ā Adoption could be easier with stablecoin conversions and smart contracts coming soon. ā Market gap: Bitcoin $2T vs. Kaspa $2B ā Vijay sees 100x upside potential. ā His key line: āBitcoin is winning, but it hasnāt won.ā š§ Full Podcast Breakdown & Summary š @Vijayās Journey ā First dismissed crypto as a scam (2015ā2017). ā 2019: received $15 in BTC, opened Coinbase. ā 2020ā2024: orange-pilled by Michael Saylor ā sold rental properties for Bitcoin. ā Became a Bitcoin maxi, believing it was āperfect money.ā ā Mid-2025: Kaspa community challenged him ā began re-examining Bitcoinās flaws. ā” Flaws in Bitcoin ā Slow settlement: 10ā120 minutes for confirmation. ā Layer 2 reliance: Lightning doesnāt reward miners ā weak long-term security. ā Fee problem after halvings: Security budget may collapse post-2028/2032. ā Centralized mining: Only massive pools compete, solo miners excluded. ā Cult mindset: Maxis dismiss everything else as scams without debate. š Why $KAS Stands Out ā BlockDAG structure: Parallel blocks ā near-instant finality. ā Decentralization: Solo mining is viable again. ā Security: No orphaned blocks, all work counts. ā Scalability: Handles more on base layer, less reliance on fragile L2s. ā Adoption-friendly: Instant payments, stablecoin conversion for merchants. š Market Reality ā Bitcoin = $2T vs. Kaspa = $2B market cap. ā Kaspa could become a top 5 coin and direct Ethereum competitor. ā Sees 100x growth potential if adoption expands. š® Risks of Kaspa ā Fast emission: Most coins mined by 2030 ā must rely on fees quickly. ā Small network: Needs stronger adoption to stay secure. ā Pruning vs. archival nodes debate: Critics raise concerns, but Vijay sees it as a non-issue for everyday users. š Adoption & Vision ā Bitcoin drifted into a store of value. ā Kaspa aims to fulfill Satoshiās vision of peer-to-peer digital cash. ā Smart contracts could support instant stablecoin conversion to reduce volatility. ā Believes circular economies built on Kaspa are key to mass adoption. š§ Philosophy ā Bitcoin is winning, but hasnāt won. ā Tech is an infinite game (Google vs. Yahoo analogy). ā Studying Kaspa isnāt about hating Bitcoināitās about facing BTCās flaws honestly. ā Vijay holds both: Bitcoin as a safer bet now, #Kaspa as bigger long-term potential.
@HashCashStack Thanks for sharing man! Great summary of the episode!! Appreciate you š¤š