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31 sats \ 2 replies \ @TheBTCManual 18 Oct 2023 \ parent \ on: Taproot Assets on Mainnet: A New Era for Bitcoin and Beyond 🌅 bitcoin
My assumption is to try and take stablecoin market share and the accompanying transaction fees earned from it away from other chains, its a bet TRON took and it worked out for them, if it works we don't know
But if it does, could bring some volume to LND nodes and maybe expand a P2P native LN market with stablecoins, also the same applies for shitcoins moving over
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52 sats \ 1 reply \ @Rsync25 OP 18 Oct 2023
True. However, there's risk involved like compliance, SEC, regulation, etc.
Risk-free not exist when we're speaking about shitcoins on Bitcoin
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1 sat \ 0 replies \ @TheBTCManual 18 Oct 2023
100% no free lunch, it could bring about a lot of issues like Lightning nodes requiring to register as money services businesses to transfer these assets and creating a walled garden KYC subset of the LN network
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