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20 sats \ 2 replies \ @DarthCoin 6 Apr \ parent \ on: Thoughts on fees, blockspace utilization, BRC20s and What's Going On bitcoin
Where is everyone?
People are retarded and using tether and stablecraps... Also take in consideration PRIVATE LN nodes, that you do not see in public graph.
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21 sats \ 1 reply \ @028559d218 OP 6 Apr
I remember... I've read your guides (although I don't understand everything honestly)
My point is, tether and stablecraps aren't derived from energy. They're just paper.
And the 'tokens' and NFTs people burned serious Bitcoin on are worthless.
Fees are like 1 sat/vB blocks should be full of Lightning channel openings
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11 sats \ 0 replies \ @DarthCoin 6 Apr
Fees are like 1 sat/vB blocks should be full of Lightning channel openings
Indeed. Take in consideration here:
  • many channels now are using taproot openings, so hard to "see" them
  • people already have open enough channels, from a long period of low fees.
  • not so many new users are using LN nodes. Mostly are still using crap custodials and newly ecash. So that is only moving custodial credits between custodials, not real sats.
LN is far from large adoption, because again... people are retarded.
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