Replying to Avatar JOE2o

Sounds like "who needs USDT, just use USD". I remember that. There's a pretty big difference to both dollars and banking when you switch worlds.

Independent bridging with USDC if all goes well, okay, but we can say that about a great many other chains.

What real-world problem is it solving that isn't already better solved some existing way? Paying for a coffee? No. Online micro-transactions? No. So what?

Alas...
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WildBill 3mo ago

Haha unbelievable. No, there isn’t. Banking is banking is banking. Self sovereignty is Self sovereignty is Self sovereignty.

“Other chains”??? Give me a break man. Are we comparing POW “chains” (Kaspa is a DAG-again, go do your homework) to just any other chain? Haha. Idk why I’m still engaging if you think a POW that can scale, that’s fair launched, with a fixed supply, housing stable coins is the same as “other chains” (ETH, TRON, SOL, etc). I’m saddened honestly. I expected more from first principles rather than rhetoric.

The real world problem is the sovereign debt crisis. The genius act. An EXPLODING stable coin market globally. You want that on a decentralized ledger or a centralized one? You want high fees or low fees? Give me a break man.

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JOE2o 3mo ago

Two (or three, or four) companies doing their own intra-group banking on the lighting network is self-sovereign as far as that group of companies goes. If you're one of those 'crypto is only for the plebs' people then, alright, all power to you, ¡Viva la revolución!