No matter what Shitcoiners say, the #Bitcoin #Lightning Network is amazing. It just works. Could things be easier? Absolutely. Channel and liquidity management is hard. No one wants to deal with that. But the actual usage of Lightning is super fast and easy! Circular Bitcoin economies such as Nostr and real life communities all over the globe are proof of this accomplishment. ⚡⚡⚡
Discussion
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Best recommendation for a humble #plebchain who is working on their first ⚡️ channel set 🆙?
Any good “beginning” advice if there is such a thing 😂.
Have nodes and needed liquidity I feel 🤷🙏🤙.
Showed a zap demo to a Bitcoin enthusiast yesterday and he was like — WOW I didn’t know Bitcoin could be that fast! ⚡️
FEW know what’s coming... Bullish.
I must add, demo was non-custodial 😏
It's so much better now than just a couple of years ago.
As with Nostr it's the vectors over time that matter, not a snapshot of a single data point at the present moment.
And it will keep getting easier, even the balance of liquidity and running euro know if you want to.
I had some members of the Voltage team on my podcast a few months ago sometime this year. They’ll probably roll out a package. Where if you want to accept LN payments as a company you’ll just be able to buy a package and everything will be done for you.
It will likely even integrate with the word press so it won’t just be for LN payments, but for all bitcoin payments.
And when one company does something like that 100 will.
It's even easier with services like Robosats. You can exchange your onchain bitcoin for lightning sats or just buy with fiat. No need to constantly open/adjust channels to add liquidity.
At the risk of getting blocked by all the zap-o-maniacs ...
LN is great but to celebrate zaps as circular economy that just works is pathetic. 99% are custodial with some 3 providers. 100% of zaps are easy to fake as there is no proof of payment between actually distinct entities in the zap and the "recipient" can emit receipts absent payment anyway. Still most prefer to celebrate WoS instead of taking self-custody. And when WoS "gets hacked", they will keep saying it was fun while it lasted.
It **is** fun and we might get better but at its current level it's a toy and not the pinnacle of the decentralized economy allowing us to dunk on shitcoiners with their respective pretend solutions.
And yeah, if you try to zap me, my LN node won't emit a zap event and some clients don't even give you the option to tip my lightning address. Zaps are not about "value for value" but about showing off the value you give aka "value for value for value". Maybe that's why I'm not tuning in to your Kumbaya praise of zaps, trying to harvest some for myself.
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