Okay I’ll be generous. Let’s say Bitcoin can do 500k tx per day. It would take 5 years for each of 1 billion people to make their first transaction.
Are you saying I am wrong?
Discussion
lurk moar, you’ll figure it out
Here’s another question for you, you are happy keeping $100k+ on the lightning network which doesn’t have a proof of work immutable ledger?
do you understand how LN works? 😂
I’ve been in Bitcoin for years, completely new Lightning. You aren’t giving me any confidence whatsoever I would want to store my funds there.
It is more insecure (more custodial wallets, more complex node’s, etc…), but its purpose is to serve for daily payments and therefore maintain a lower balance in your wallet. Anyway I agree 👍🏻
Yeah lightning is less secure but it is pretty damn secure. The only way you’d ever have your funds stolen is if your channel counterparty happens to collude with 51% of the hashpower for weeks to censor your justice transaction. Pretty unlikely imo
Yeah, you're wrong and I have a feeling that you want to stay that way because looking at your notes tells me that you just hate Bitcoin.
If you want to know how computer network protocols scale (all of them) then look at the internet. It couldn't scale at its base layer so it needed a second layer and a third, and so on. We are at 7 layers now.
But, again, I suspect you are just here to hate bitcoin and I further suspect that you're just a fucking shitcoiner so fuck straight off.
