Over 80% of respondents to an online poll believe that Lightning isn’t real bitcoin (BTC).The poll, which asked thousands of X users whether or not Lightning was succeeding as BTC, sparked lively debate on the platform over the weekend and saw supporters like Alex Gladstein and Matt Corallo go to bat for Lightning against critics, including Paul Sztorc.Lightning is the largest and most sustained attempt to bring down bitcoin (BTC) transaction fee costs.Indeed, unlike the expensive on-chain transaction fees for BTC that could cost hundreds of basis points for small, day-to-day transactions, Lightning transaction fees often cost tiny fractions of one cent.The network was promoted for years as the cheapest way to send and receive BTC while maintaining full self-custody. However, despite growing rapidly from 2019 through 2022, it’s stalled for the past three years.
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0 sats \ 1 reply \ @supratic 12 Nov
Lol, try to ask net time if ETF are real bitcoin and see what response came out, lol!
Despite these results, I believe a good percentage of users in the past 5 years has been orange pilled with lightning.
Now, people unknowing what Lighting is, is a totally different matter. I see this as a sign that there's still a lot of education to be done, or alternatively, a lot of UX to be improved.
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0 sats \ 0 replies \ @0xbitcoiner OP 12 Nov
That’d be interesting. If I had an account on X, I’d tell Breadman to do it.
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0 sats \ 2 replies \ @DarthCoin 11 Nov
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21 sats \ 1 reply \ @0xbitcoiner OP 11 Nov
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21 sats \ 0 replies \ @DarthCoin 11 Nov
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