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Replying to Avatar Cyph3rp9nk

The definition of stablecoin is associated with fiat money as opposed to the volatility of Bitcoin.

L-BTC is an IOU, I agree, and I will never deny it, but if you understand how it works and its risks, it is another scaling solution, I will never say that L-BTC is Bitcoin, LN-BTC for example is Bitcoin.

But from there to say that L-BTC is fiat, I do not think it is fair beyond creating controversy in the same way that it is not a stablecoin.

When a better scaling solution comes out (as I think ARK is) do not doubt that I will use it and stop using worse solutions.

ed
ede3d957... 1y ago

L-BTC is as much a shitcoin as Monero.

I prefer to use decentralized and private Monero as a scaling method over Blockstream's federated Liquid protocol.

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tuco 1y ago

https://m.youtube.com/watch?v=iCB3fnXDzew&pp=ygUTdHVjbyBiYXRocm9vbSBzY2VuZQ%3D%3D

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