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100 sats \ 3 replies \ @BTCLNAT 2 Dec \ parent \ on: How Bitcoin Scales w/o Forks: the Lightning, Liquid, On-Chain Triangle bitcoin
Unfortunately, I don't know what's going on now, I can't send pictures on SN. I currently live in one of the poorest countries in the world, I opened a channel in Phoenix with about 10 dollars, today it would be 15 dollars. Of course, you always have to take into account the mining fees.
Back then I used WoS to accumulate and then I made the transaction to Phoenix via Lightning Network. Problem solved in that case.
But oh well. We always want people to learn and adopt.
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0 sats \ 2 replies \ @028559d218 OP 2 Dec
Liquid is a tool like anything else.
When people use lightning everyday, on Stacker News and Nostr, in addition to levels of lightning wallets - custodial, non-custodial, full node, the 'phoenix/LSP model' etc... In addition to full utxos to move around, things aren't so 'clear cut' and black and white.
Having a tool like liquid with atomic swaps is immensely useful in my opinion to balance security, fees, decentralization, liquidity, sovereignty etc. It's the whole package that matters.
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100 sats \ 1 reply \ @DarthCoin 2 Dec
Liquid is a tool to fool clueless noobs into thinking that is useful and necessary. And Liquid is not decentralized at all. Are just a bunch of federated members.
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0 sats \ 0 replies \ @028559d218 OP 2 Dec
How do we onboard the world's poor, non-custodially, to Bitcoin?
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