0 sats \ 5 replies \ @DarthCoin 20 Dec 2022 \ on: Unpopular opinion: Lightning is a settlement layer bitcoin
All this shows that you still don't know how LN works.
Please, before having any opinion about something, read, study it and learn more about it. Then you can have "an opinion".
Otherwise is just bullshit.
Here is a list with more resources about Lightning. Start reading.
If everybody in the world moves to a Bitcoin standard everybody cannot be running their own nodes. Opening individual channels for 8 billion people even with some batching would crowd out other activity on the chain for years. Do the math.
Having something like islands of Fedi users connected by lightning channels is needed for a global Bitcoin economy. If that level of adoption is not a goal, and Bitcoin is only to be used on the fringes, we probably don't need Fedi.
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Thanks for the tip. I hope you enjoyed the guide.
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Uncle-Jim banking has different trade-offs than Fedi but I agree it's feasible too during the next 10 years.
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Fedi is for "onchain-maxis".
I am a "LN-maxi".
We are not the same.
šššššššš
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