⚡️ 🌊 Driving Global Adoption Using Bitcoin Layer-2s: Lightning and Liquid \ stacker news ~bitcoin

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⚡️ 🌊 Driving Global Adoption Using Bitcoin Layer-2s: Lightning and Liquid

1938 sats \ 13 comments \ @blockstream_official 23 Jan bitcoin

We’ve just dropped Blockstream Talk episode #36 featuring Samson Mow, CEO of JAN3, the new team behind the Aqua Bitcoin Wallet! Samson and host Jesse Knutson smash Liquid FUD, talk about how to nudge nation states towards #Bitcoin adoption, and explore the layer-2 tools needed to get them there.

🎧 Listen: http://tinyurl.com/blockstreamtalk36 📺 Watch: https://youtu.be/c_4yOGMJv44

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2 sats \ 0 replies \ @siggy47 23 Jan

Nice infomercial.

5 sats \ 0 replies \ @piecover 23 Jan

Liquid is an amazing layer 2

10 sats \ 1 reply \ @Wumbo 23 Jan

Time Stamps:

02:26 Introducing Samson Mow and JAN3 04:47 JAN3 approach to nation state orange pilling 08:56 Most receptive regions for nation state Bitcoin adoption 15:39 Bitcoin mining and nation state adoption 20:37 Geographical arbitrage and collectivism 24:44 AQUA wallet and Liquid BTC adoption 26:24 Key features of the AQUA wallet 30:45 Liquid based Tether (USDt) 32:37 Liquid FUD and Liquid derangement syndrome 35:01 Liquid and Lightning interoperability 38:34 Bitcoin layer-2 innovations 42:27 Bitcoin ETFs “Wild BTC vs Zoo BTC” 48:27 2024 and beyond for Bitcoin and JAN3

0 sats \ 0 replies \ @freetx 23 Jan

Liquid Derangement Syndrome

Is a real thing....

10 sats \ 6 replies \ @GregAsks 23 Jan

Liquid - Another worthless shitcoin pretending to be real bitcoin. No thx

22 sats \ 3 replies \ @freetx 23 Jan

Liquid can be called many things, but calling it a shitcoin isn't valid.

L-BTC only exist in 1:1 ratio with BTC locked in multisig address. The balance of BTC in that multisig is known, and the issued L-BTC is known...therefore it can be proven that both balance out.

There is no "independent supply" of L-BTC outside of the above. In fact, the chain itself has no utility at all unless there is BTC is locked into it....it is very similar to LN that regard (not in technical approach, but in overall Layer-2 concept).

So calling Liquid a shitcoin, is like calling LN a shitcoin.

0 sats \ 2 replies \ @GregAsks 23 Jan

In LN i can close and open chanel without permission. Comparing this shitcoin to LN is totally misunderstood technology...

50 sats \ 0 replies \ @freetx 23 Jan

Can you find any documented instance where Liquid has prevented someone from pegging-out? Surely there must be at least one person who has been forbidden from pegging-out for this trope to carry on for last 5 years?
Because Liquid uses Confidential Transactions, bypassing any such "ban on your address from pegging out" would be simple to evade. Simply send your L-BTC to a few other addresses and peg-out from there. The federation wouldn't know who those addresses were nor what was being transferred....

0 sats \ 0 replies \ @Eximpius 23 Jan

You sound ignorant as fuck

0 sats \ 0 replies \ @ssaurel 23 Jan

💯

0 sats \ 0 replies \ @Eximpius 23 Jan

lol it has no shitcoin...

0 sats \ 0 replies \ @kr 23 Jan

Thanks for sharing @blockstream_official.

Curious to hear your views on what success looks like for Liquid in the coming years.

Are there any specific milestones/objectives/integrations that you’re aiming to achieve to spur on Liquid adoption?

0 sats \ 0 replies \ @kurszusz 23 Jan

This is OK. If can be implemented, it will hel a lot in adoption. When I have read "Bitcoin Layer 2", I thought this video is about SatoshiVM project... Be aware that is also a Bitcoin Layer 2, but it is shit... In my opinion they simply want to ride the Bitcoin brand to steal a lot of money from peoples... So...be careful when you hear about "SatoshiVM" ;)