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10 sats \ 0 replies \ @nikicat 19 May 2023 \ parent \ on: What if we're wrong? bitcoin
Bitcoin has a scalability issue. Look, a bit of load from ordinals - and poof, fees skyrocketed. Now imagine what happens if even 1B people try to use it for day-to-day payments? Bitcoin has only 200M users because it can't handle more in its current state. L2s is the only solution, but even Lightning isn't well ready for this, due to the high costs of opening/closing channels.