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100 sats \ 0 replies \ @Majjin 4 Nov 2022 \ parent \ on: Onchain is actually pretty cool 😎 bitcoin
Higher fees than lightning: Yes
Slower than lightning: Yes
Less privacy than lightning: Yes
Can send absurdly large amounts of capital: Yes
More reliable than lightning: Yes
Can receive payments while offline: Yes
Both lightning and on-chain are Bitcoin: YES!
There are trade offs and use cases for both. However, I think we both agree that both are vastly better than the fiat system we have today.