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0 sats \ 11 replies \ @kr 3 Apr 2024 \ parent \ on: Coinbase Selects Lightspark for Lightning bitcoin
how could a lightning integration possibly mean “more ways to scam”?
Lightning is just a tool, can be used for good and for bad. Like Bitcoin. If a scam is run on Bitcoin, that doesn't make the scam less scammy.
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ok, but you’re implying a scam is already occurring, how does adding Lightning make things any worse?
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The more ways they add to make the scam bigger, the worse things are going to be, don't you think so? It's simple logic.
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you’re implying that the “scam” is a fractional reserve system.
a lightning integration does not magically make fractional reserve systems more dangerous.
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Come on kr you are intelligent. If they increase their usebase because of adding lightning, obviously the scam becomes bigger.
And it's not just suspected fractional reserve, Coinbase is a bad actor in general, DarthCoin already put you a list of bad things this company already did: #78930
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Coinbase is a bad actor yes, but if a bad actor no longer prevents access to Lightning, how can this be net bad?
I think you think they have some elaborate scheme planned but to me it looks more like they accepted that Lightning is here to stay. I think you think they are smarter than they really are. If Coinbase is doing fractional reserves, Lightning will make bank runs easier.