Replying to Avatar Charlene Fadirepo

High Tx fees driven by Bitcoin ordinal demands are hurting African #Bitcoiners, that transact on-chain.

We say want to fix Africa’s broken payment system & the minute we have the chance—GREED clouds the better judgment of far too many. 😖#bitcoin
Avatar
The Daniel 🖖 2y ago

This seems like the perfect opportunity to encourage more use of the Lightning Network. What do you see as being the main obstacles?

Reply to this note

Please Login to reply.

Discussion

Avatar
Charlene Fadirepo 2y ago

A few things -one there are still so so many African Bitcoiners transacting on the main chain. High on chain fees will likely lead to switching to stablecoins or much worse back to fiat.

And even folks using Lightning now have reported network instability in this new environment.