Replying to Avatar Guy Swann

Never lose sight of the fact that THE most important and most valuable aspect of #Bitcoin is its monetary policy.

Everything else is downstream of, or in service of, that element.

We are coming from a world where people never even considered “shopping” for a particular monetary policy, but are quickly barreling into a world where if you AREN’T shopping for a monetary policy, you likely won’t make it.
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Zombie Node 1y ago

I guess my concern with lightning isn’t so much that it’s a magnet for state regulation, but that it might be easier to fuck with the monetary policy off-chain.

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Guy Swann 1y ago

Nah, understanding how lightning works at the transaction structure level makes it very clear that this isn’t a concern, imo. I have a breakdown of the lightning protocol on YouTube and a few episodes detailing all the parts of the script on Bitcoin Audible as well.