i understand that but the sats are going into cashapps  custody and unlikely to return to circulation in the peer to peer way you are talking about. Over time it will concentrate btc ownership, that is not good imo

ThatWhichisNotSeen

I don't know how we even distinguish kyc from non-kyc in the age of lightning...

For example kyc sats 'spent' to open a lightning channel, or spent to open or buy or fill up another lightning channel...

They aren't even the same 'sats' and there was literally no on-chain transaction in many cases. In fact you could say the new lightning channel since it isn't the same utxo, is no longer kyc at all. Its just some random utxo there was no 'transferring' of SATs. Its why among other reasons that ordinals was such a dumb idea.

If you send 5$ to a friend worth of sats to their lightning channel, and their channel has increased outbound liquidity... Are they are same sats? The sats on-chain never moved.

bitcoin

Walked around a shopping area... Talked to square merchants & paid in bitcoin

028559d218

I don't know how we even distinguish kyc from non-kyc in the age of lightning... 

For example kyc sats 'spent' to open a lightning channel, or spent to open or buy or fill up another lightning channel...

They aren't even the same 'sats' and there was literally no on-chain transaction in many cases. In fact you could say the new lightning channel since it isn't the same utxo, is no longer kyc at all. Its just some random utxo there was no 'transferring' of SATs. Its why among other reasons that ordinals was such a dumb idea.

If you send 5$ to a friend worth of sats to their lightning channel, and their channel has increased outbound liquidity... Are they are same sats? The sats on-chain never moved.