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12826406 No.12826406 [Reply] [Original]

Might this be because the price of bitcoin will become so out of reach it will make more sense to think in terms of sats to dollars rather than bitcoins. I saw Ivan use the blue wallet and it seems fast and simple to use. Imagine feeling rich from owning one bitcoin.

>> No.12826478

Lightning will have folks thinking in failure
Honestly that a single lightning node you have a channel to croaking leads to this much fuckery and bullshit is embarrassing. Jack Dorsey deserves it though. Dumb cryptoboomer BTC bagholder.

LN is easily one of the worst if not the worst state channel configurations ever taken seriously.
Shit liveness guarantee, economics of it and manner of functioning lead to centralization, not censorship resistant in the long term, garbage base layer for onboarding and re-onboarding (which is just to a single fucking node, not the entire network, so if that node goes down you're fucked and need to make new channel).

It will go down in history as one of the worst flops in blockchain.