💥JUST IN: Former PayPal Vice President says Bitcoin Lightning Network will welcome “dozens of digital banks and wallets” and enable 100s of millions of people to receive Bitcoin-powered payments by the end of Q3.
Discussion
Real on boarding. Can't wait to see it. Build it and they will come....
Need a source.
Just copy the text from the note into a search engine and it comes up immediately.
So.... #lightning is going to both grow and centralize a bit? I wonder what a few things
- % of total supply will be locked up for liquidity
- cost to open channel
- will they attempt a walled garden within the network by refusing channels with us freedom loving bastards
#thoughts
Bullish
Won’t matter until we get rid of capital gains on the sale of Bitcoin.
Speaking for US bitcoiners.
I keep hearing that LN doesn't scale.
If there is not enought TXO for everybody, having dozens of banks and wallets on the network will not help, does it ? 🤔
Could argue that 1 bank host hundreds of people for a few channels, that may work.
But is it worth it if the price is KYC ? Which it will be as it's regulated banks.
Interesting news! 💪🤟⚡️