Second Lightning enables users to ignore on-chain fees.
Did you read the post? Maybe you mean users using custodial services with "normal people" here:
Normal people need zero interaction with onchain.
LN is an abstraction that has leaks as explained in the post (and like many abstractions).
Maybe we're arguing about different things but do you not see the leaks?
I'm answering specifically on the framing as Lightning being at the whims of the economics instead on Lightning being what determines the economics.
Let's take the example of global container shipping. Sure you can say the shipping industry is at the mercy of freight rates of the market economy. But that's undercomplex perspective at best and dishonest at worst. Global shipping isn't at the mercy of the economy, it's part of what fundamentally drives the economy.
reply
3 sats \ 0 replies \ @ek 7 Jan
Global shipping isn't at the mercy of the economy, it's part of what fundamentally drives the economy.
I would say global shipping depends and drives the economy.
It's a complex system where some outputs can be inputs again (feedback loops).
reply