/biz/ - Business & Finance

>>13464159
>Don't let anybody tell you that Craig just fakes it or speaks incoherent techno babble.
This. They will nitpick endlessly at some typo or ambiguity in Craig's corpus of work and completely ignore anything that shows higher-level macro understanding of bitcoin and its place in our world. These neckbeard faggots think so poorly of their target audience that their entire multi-year propaganda strategy has hinged on their victims not reading or thinking for themselves.

>>10658015
This tbqh lad.

The Lightning Network is a completely unproven second layer solution to a problem that can be solved using a proven solution with no drawbacks despite the bullshit "muh centralization" narrative that his been spun by the economically illiterate neckbeard brigade.
The problems with the LN are almost too numerous to discuss in a single thread:
- No way to onboard every user on Earth without clogging up the underlying chain for decades.
- Devolution of network topology to highly vulnerable hub and spoke model
- Poor capacity
- No solution to the routing problem
- Vulnerability to state attack due to money transmission laws, etc.
The list goes on and on, I'm sure some other anons in the know will chime in

>>9096904
Disegard that image, I suck cocks. Here is the real comparison.