429 sats \ 2 replies \ @03479d0ee6 24 Jan \ on: The Past, Present, and Future of Offline Payments bitcoin
Great post. I think everybody already realized that LN is not the dream that everyone would run a node and have free txs. We must split the different use cases to assess what LN solves and what it does not. LN is very merchant/business oriented, in this case I think it's a good solution, you can have a LN node for your whole chain, or thrust some service provider that does that for your business. LN is also very good to connect different L2 protocols, Liquid, Fedimints, Cashu, Ark(?) this is awesome for UX. Now for user-user instant payments, not so good, but most users will be fine using a custodial solution for that, there is the problem that in many regions you may not have custodial solutions available. WoS even pulled out of the US. This is the last mile for LN I think, that is where a fedimint can help, or wallets like Phoenix, Mutiny or Zeus. LN doesn't have to solve everything in a non custodial way imo.