Lightning capacity is shrinking while people saying "Lightning is getting more efficient" – sigh. No. The BTC price is rising, that's it.

That's exactly the obvious salesman narrative that makes people upset and feel like they're being misled.

Stop the cope.

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What little amount I put into channels a few years back makes me look like a big time operator now.

Well, its transacting more value trough the same channel -> higher efficiency😂

Everyone should shutdown their node and just use WoS or ACINQ. Then we'd have the most efficient network!

Don’t see the inherent problem with this narrative. As BTC price rises, many smaller inefficient nodes have shut down. They were likely unprofitable and their liquidity was not well allocated. Lightning is becoming more efficient since as it becomes more expensive to deploy capital there, the capital that remains will be sought to be used in a more efficienct manner.

you spelled private channels are growing wrong....

How do you know?

Good point, LSP adoption could be growing but we wouldn't know unless they told us.

Personally I've switched to mostly unannounced channels

I really doubt that.