The federated are given a kind of btc paper called fm-sats.
When someone from the federation wants to pay a merchant outside of it, what he does is "sell" the corresponding amount of fm-sats, and the federation sends the merchant real sats.
It is impossible to control that the federations do not issue more fm-sats than the collateral they have, then secondary markets for fm-sats are organized and thus we already have much more paper sats than real sats.
Exactly what the banks did in the days of the gold standard.
that is opening the door of the fractional reserve in bitcoin. It is to repeat the same vices of the inherited system.
Bitcoin is the digital manifestation of monetary sovereignty, an opportunity for individuals to free themselves from the yoke of central banks.
Monetary sovereignty is like national independence for your money, and Bitcoin is the flag of that nation.
La soberanÃa monetaria es como la independencia nacional para tu dinero, y Bitcoin es la bandera de esa nación
Bitcoin is like a virus that has infected the financial system and it will not stop until it has changed the rules of the game.
Bitcoin es como un virus que ha infectado el sistema financiero y no se detendrá hasta que haya cambiado las reglas del juego
The LN in Bitcoin is like an ATM that gives you instant access to your funds without having to wait in line at the bank.
La LN en Bitcoin es como un cajero automático que te da acceso instantáneo a tus fondos sin tener que esperar en la cola del banco
Of course there is real debate, it can be disputed if an increasing fee can be incorporated in witnees from a certain weight, so that it is not proportionally cheaper to send a cartoon of a vain child than to open an LN channel to make payments in an impoverished country .
Inserting cartoons into bitcoin is like doing graffiti on the wall of a cathedral, it only shows banity and egocentrism..
Mempool has a depth of 68 blocks, and is just about to reach the 300 MB memory limit on nodes with default configuration. 15 blocks of data are now above the 1–2 ṩ/vB feerate band. The minimum feerate to get into the next block is 17 ṩ/vB.
Some laughs still end in tears
Por supuesto es broma 😅
Si te fijas he dicho literalmente "entre otras cosas"
Entonces creo que tendrá que repasar su conocimiento acerca del tema.
Bitcoin is an extension of the individual.