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407 sats \ 2 replies \ @aljaz 1 Oct 2022 \ on: Lightning Thunders in a Down Market bitcoin
@JimFoxG23 opening channels (deploying new liquidity to the network) is not directly spending bitcoin on lightning network
that graph shows deployment of new capacity (bitcoin) into the lightning network, it doesnt show how much people are spending in lightning network
Thank you for the comment @aljaz It shows growth which is all I care about more people are putting bitcoin on lightning even though bitcoin price is decreasing.
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It shows growth which is all I care about
Well, that is the problem since funds don't matter if no one uses them.
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