251 sats \ 1 reply \ @justin_shocknet 6 Jan \ on: Rethinking Lightning bitcoin
Dissonance detected
Covenants are the way to scale bitcoin ownership
They don't solve the dust problem which is the actual bottleneck, things will always be custodial at the edges and so the forkers are LARPing hard
Fedimint
At least this recognizes that the forkers are full of shit and things will always be custodial at the edges, but it's also an affinity scam for issuing debt shitcoins and offers no added security vs keeping your corn on Coinbase.
write
preview
32 sats \ 0 replies \ @justin_shocknet 6 Jan
More succinct take on why people are retarded about LN: #377958
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