Wake me up when they are building it on lightning instead of VC exit liquidity chain.
Yeah I think that is going to take some time esp for people who are introducing themselves to crypto for the first time. At least in my case learning the LN and how it works hasn't been the most straightforward and easy-to-grasp thing. There just seem to be a lot of things missing esp when you compare it to EVM compatible chains.
Can LN get there 110% but right now it just isn't there compared to others it seems
reply
Yes the scams are missing. Haha
Lightning is already faster, cheaper, has more privacy by default than all of them. The only difference is lightning development and UX improvements take time because they are using an honest money instead of selling vapourware tokens to fund development.
reply
wait..... are you telling me there arent supposed to be scams?!?!?!??! I sir have some big questions then!
reply
There will always be scams but hopefully less in the bitcoin ecosystem.
reply
Yeah I think if BTC keeps its whole idea and doesn't start trying to be something like ETH or the other chains it will be fine. In my eyes those chains and BTC are two entirely separate use cases and we should avoid making BTC be more or to much like EVM chains
reply
I have a bit of a different thesis than crypto people. I think eventually bitcoin will get integrated into existing internet infrastructure whereas crypto people think everything will be rebuilt on chain. I think it’s naive to think that. There may be some narrow use cases that make more sense on chain but the idea that everything will be rebuilt on the blockchain is silly and really infeasible.
reply