/biz/ - Business & Finance

>>7916798
>he doesn't even have a million

>>7696452
>no one to blame here

This is what Russians actually think

Can we take a bit to talk about how retarded an idea the Lightning network is?

Before the bcash faggots flood this thread with shit about their dumb fork (called Bitcoin ABC, in truth) I just want to make it clear that regardless of the increase in block size or not, the Lightning network is particularly retarded all on its own.
Who would choose to make a payment network that gets rid of all the upsides of Bitcoin in the first place?

Like, when the hell would you ever think "yeah making people have to open 'payment channels' with the people they want to pay IN ADVANCE with the UPPER LIMIT of what they'll ever expect to pay at once" is a good idea?

Hey You Fat Niggers
Listen Up

The Whole Reason Communists Are Still Around Is Because We Have Yet To Solve The Other End Of The Economic Problem

The famous example for capitalism goes like this:
You have just met your true love and need to write down her number before you forget it, as you have both just parted ways
You don't have a pen
You look to the nearest street person and/or salesman and haggle for the right price of a pen until you buy one from him at last
You both are happy as you want for the pen RIGHT NOW more than the other person does, and are willing to give up the money for it

The problem arises when the other man sees you have just met your true love, and understands the high degree of your need for said pen
Seeing as there are no others with pens available in that moment, he sees the opportunity to make a killing on a (fairly worthless) little pen
So he charges you the maximum amount you are willing to pay at that moment for the pen, he is greedy, and his price goes higher than even he would normally pay for a simple pen

This is the problem we must still solve
Communism won't do it, but this is the issue wherein the resentment that manifests itself as communism sentiments lies