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64 sats \ 1 reply \ @028559d218 12 Mar \ on: Low Fees Are A Symptom Of Deeper Problems (BItcoin Magazine, Shinobi) bitcoin
I use Bitcoin every single day.
- I play a little lightning blackjack (with a few sats)
- Check out stacker news (to tip or be tipped and make the occasional post)
- And also experiment with Lightning... moving sats around, trying out new wallets, even using Bitrefill occasionally (Cheap Steam gift cards are cool)
But the truth is that I rarely have to touch on-chain I just don't need to.
Occasionally to open another Lightning channel (3 or 4 are enough) or withdraw from the exchange after DCA but that's about it.
And even withdrawals... from the exchange can be on Lightning so what's the point of 'on-chain' if I don't need it?
Isn't this what we wanted and how this stuff scales anyway?
Blockchains don't scale so...
If "the whole world" will be on Bitcoin then as a percentage, touching on-chain will be relatively rare, except for opening lightning channels or making large transfers in and out of 'cold storage.'
So what's the issue? Thoughts?