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- Lightning Network is a complex beast of a financial system and we're only scratching the surface of what it could turn into. On the one hand, it's a very inexpensive payment network, but on the other hand it's a censorship-resistant social network operating a moral economy based on associations.
- I think this will be a progression and we'll get to see close to all three options. I think my happy place is B with a good number of knowledgeable operators that can provide decentralized services to the masses. Seeing the market size for payment processors and the low barrier to entry means that we'll see a lot of competition for being a good payment processor, a decentralizing force.
- 10 years would be amazing, but I'm not sure the world is ready for it yet. I'm bullish, but as a globe, we've got a lot of homework to do first. "A VPN? What's that?"
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I like these questions, pls answer
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a - a new banking system
b - just a payment system for Bitcoin
c - a much more complex financial system (that we still didn't know / discover it)
d - a failed experiment
e - an incentive system on the Bitcoin Network
a - millions of small decentralized routing nodes, but not so powerful and basic knowledge of managing by operators
b - some thousands of strong big routing nodes, connecting billions of private node wallets and providing good liquidity
c - just a couple of hundreds of big farm nodes, concentrating all LN traffic from many different decentralized apps