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21 sats \ 14 replies \ @DesertDave 20 Oct 2024 \ on: Can Bitcoin ever be Scalable on its own? (Poll of the Day) bitcoin_beginners
It's as scalable as it needs to be. Things always have layers.
So, you're saying billions of people can start using Bitcoin as a medium of exchange from today.
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Not necessarily. I am saying things take time and it will scale as it needs to. I am grateful for all those who are building it. And I have complete trust it will serve all those who are ready to receive it's blessings.
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I've asked something that doesn't mean I'm not grateful. I also think that LN is good for now but what about when we reach in the territory of hyperbitcoinization or closer to it? Will LB be capable to handle the load of transactions with so because LN can't increase the cap of 21 million. Can it?
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Will LN be capable to handle the load of transactions with so because LN can't increase the cap of 21 million. Can it?
Sir, this is Austrian economics
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I put my faith in you. I need a simple answer because I'm not technically that sound. Can Bitcoin scale to the needs of billions of people in the world with or without Lightning Network?
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Even if it is slow and clunky, layer one only, as is, it serves to change the world.
It's great to ask questions. We all have our own questions to ask.
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I have complete faith. But I don't know anything about it technically. My Bitcoin ah ha moment was about intuition. I've never understood how it works.
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The same here. I want to be technically as sound as I see many here but I can barely play with the keyboard only.
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Yeah. I want to run my own node. I am working on that. I mine but that is pretty straight forward. I know just enough.