Replying to Avatar B.O.P

1. Make a few on chain transactions when you get started and you have channels that work for months or even years

2. Plenty of ways to get inbound liquidity that are becoming easier

3. Running a Bitcoin full node (core) also is supposed to be run 24/7 so I don’t get your point?

4. Strike and PayPal are nothing alike. Anyways if you don’t like them don’t use them?

5. It’s a layer 2, it works with the already established rules of Bitcoin. There is no fork needed

6. Unresolved vulnerabilities like what?
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erkenbrand 2y ago

1. How could I make these transactions cheaply when bitcoin fees have to make up most of the block reward? Seems like a lot and I would be forced onto paypal… i mean strike

2. List how, this is not an answer

3. A bitcoin address does not have to be online to receive funds

4. There is really no difference between strike and PayPal. Both have Terms of serivice, both are legal entities which must obey laws and sanctions of the us government.

5. Denying the need to fork just makes it worse

6. There are many that are unresolvable, due to the design of lighting, especially with uncooperative channel closing during periods of high tx fees.

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dr.fred 2y ago

4. agree strike is paypal why would you give a bitcoin company your phone number?

6. lost 250000 satoshi myself accidentally closing a channel when the computer crashed before the blockchain was downloaded

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B.O.P 2y ago

You’re never supposed to use a node if it hasn’t synced fully I’m sorry that happened but that’s a pretty standard thing

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B.O.P 2y ago

1. Set fees to 1 sat/vbyte and wait if you don’t want to pay the fees? Also how are you planning to spend the Bitcoin if you don’t want to make an onchain transaction and pay fees?

2. Voltage.cloud, have a Pleb open a channel up to you, buy a channel off Amboss, Bitrefill

3. bolt12 is going to be implemented soon

4. If you’re going to use a custodial lightning wallet I wouldn’t suggest strike, strike is more of a Bitcoin exchange and can send dollars over the lightning network. Really isn’t used practically other than for remittances

5. ?

6. Uncooperative channel closing is rarely needed this is a very random and unnecessary risk adverse reason to not use lightning