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Bitcoin not only settled more volume than Visa in 2021 but it also did so more efficiently with a lower take from the network, Thread by @nishitaARK on Thread Reader Appthreadreaderapp.com/thread/1487141363703377920.html
7 sats \ 4 comments \ @cointastical 1 Feb 2022 bitcoin
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100 sats \ 2 replies \ @DarthCoin 1 Feb 2022
But the point of LN is not to surpass VISA in volume or lower the fees... The whole point of BTC/Ln is to: FUCK THE BANKS!
For example just today we've start a movement with LN node operators to set their channels fees to 0/0 #ZeroFeeFebruary Why? Because F from February | Fee | Fuck banks | Fuck fiat | Fuck you money | Freedom | Free choice | Free market
Join to our Amboss community if ttou set your node fees to 0/0 for the whole month of February! https://amboss.space/community/ec432081-e9f1-4c7f-8604-3a7d9980bc61
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1 sat \ 1 reply \ @cointastical OP 1 Feb 2022
Thanks. Reading up on it now.
#ZeroFeeFebruary #9067
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0 sats \ 0 replies \ @cointastical OP 5 Feb 2022
#ZeroFeeFebruary just started - already 21 nodes! #9957 twitter.com/zerofeerouting/status/1489254216627482624
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0 sats \ 0 replies \ @cointastical OP 1 Feb 2022
This is the Tweet that starts the Twitter thread:
In 2021, the Bitcoin network's take rate from transaction fees was significantly (over 20x!) lower than that of Visa.
https://pbs.twimg.com/media/FKNVf5rUUAQQzg3?format=png&name=small
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