Astounding interaction lmao
Discussion
You offered to zap him and he calls you low IQ. Xitter behaviour 😢
I do not think lightning is as easy, or intuitive people say it is, and people who propose it typically tend to utilize centralized services which address most of the harder aspect to it.
It's not about what's easy for a 120+ iq European/American earning $65,000 to $130,000+/year could do it.
It's about whether or not someone in a poor region could open, and self host a lightning channel.
I would say I'm a fairly competent person myself, and I have dabbled with lightning as well, and I am aware of people who I believe to be more technically capable, and more intelligent than me, who have also had issues especially with routing, etc. Including Bitcoin Maxis who preach the virtues of lightning.
There are plenty of good mobile self custodial LN solutions that Paul refuses to even download
If one crosses the street one can get hit by a bus. Its a central flow.
If one flies with a plane the plane can crash. Its a central flow.
He is probably not flying with a plane, driving with a car or crossing streets.
the base chain can't support enough people doing channel maintenance
Lightning is hard and far from perfect... Just like every other solution, it has tradeoffs. I don't know the stats, but lightning gets a LOT of use, so I don't know why anyone would say it's useless.
Financial sovereignty is hard, and no it's not cheap. For 99.99% of people using Bitcoin does require some amount of trust... Very few can actually verify all the open source tech they are using, it's about limiting that trust in comparison to other monetary solutions.
A poor person, who you are clearly very concerned about, can't use any crypto without internet access... So should we all just pack up and go home? Internet is expensive after all, way more expensive than opening a lighting channel.
Sztorc is FOS
truthcoin. lmao. hfsp paul
Yeah - I don't miss that shit.
"Bitcoin fails because you cannot onboard 8 billion people to self custody cheaply"
Meanwhile BTC is at 100k and mempools are empty, the unfortunate reality is that the majority will probably never bother with self custody even if it's possible...
Also, "theoretically there's no difference between theory and practice, in practice there is"
Paul have good points but he is stuck on that talking points instead of creating something better like his own hivemind prediction chain.
It's unfortunate to see someone waiting for Bitcoin to change so one could build on top of it, never gonna happen the best is just build outside Bitcoin. Like Polymarket did.
if paul succeeds in adding drivechains to litecoin and it's pleasant to use I could see myself becoming the world's most obnoxious litecoin maxi
All other layers built onto Bitcoin have some level of trade-off.
It's like he wants a centralized shitcoin to do this work 🤔
I just had a channel go offline and my lightning balance reduced to zero.
I'm hoping it will appear on-chain eventually, or the channel will come back online.