L-BTC is not a form of bitcoin, its pegged to bitcoin but you need permission to peg out. You can't possibly compare it to lightning.

aljaz

> By those standards, Ethereum is Bitcoin

No.

L-BTC *only* comes into existence when it is backed by BTC. There is no independent supply of L-BTC aside from that.

Its fundamentally no different than a fedimint from a practical perspective



I would have a hard time being convinced that L-BTC is Bitcoin.

The fact that you can buy and sell Liquid with Bitcoin doesn't make it Bitcoin. By those standards, Ethereum is Bitcoin because you can easily peg in and out of it. Probably more easily than with Liquid.

pillar

Odds are you are a bitcoin larper....and sadly when it comes to Lightning we are all bitcoin larpers. 

We pretend to care about the fundamentals of bitcoin, but 99% of us only use it in a permission-ed and custodial way (Alby, Wallet of Satoshi, Phoenix, etc)

AQUA - while not as good a true self-sovereignty - is better than most of the single custodian solutions. 

I mean if you think fedimints are a good idea, there is no philosophical differences to L-BTC.

No thanks for worthless shitcoin i stick with real bitcoin. Cry harder 😂

GregAsks

No, L-BTC and Lightning, both forms of Bitcoin. Sats are not shitcoins, regardless of their form.