What about when you open a lightning channel with your on chain funds, is that a transaction? Has value been transferred if youâre still in control of the corn?
When the channnel closes, is that a transaction? What if you opened it with 1million sats but it closes with 500k sats but the value of corn has gone up 100% since you opened the channel, is that a gain or a wash?
The IRS isnât ready for LN!
