I've been thinking about how Lightning was designed for payments, but for donations (zaps) we don't need some of its defining properties:
- instant. It doesn't have to be instant. It just needs to pay out within a couple weeks. We can still have instant gratification - a promise of it - but you don't need the ability to spend it instantly.
- foolproof. This is a donation, not an exchange for goods or services, so there's no reason for someone to double-spend. And if they do, oh well, it was a donation anyway.
So my first thought it, for zaps, instead of Lightning why don't we just send regular Bitcoin with very low fees? You should get it eventually, and in the wallet UI we can show it instantly with a "pending" state.
Though I'm told this won't add up, and low fee transactions will be dropped. I don't know. Someone should investigate the lowest fee transactions that do eventually succeed to see if it's viable.
Basically I'm wondering if we can use Bitcoin directly and just work around it as a UX problem.
It seems most of the issues you outline are resolved by simply using ecash.
It seems most of the issues you outline are resolved by simply using monero :monero: .
if the goal is poverty yes
>says this while advocating for someone else holding your money
yes better hold your keys and go broke holding an asset heading for zero
this scenario is still better than the promise of an asset, yes. like schrodinger's cat a promise is at the same time already at zero. asking permission = seeking denial
must suck living in your little bubble of a world
>says while thinking Monero heads to zero
news flash from the real world: Monero is money. it is not investor or government friendly so the price is supressed. hard to get adoption from normies as well, so it stands well with only a handful of nerds, hackers and cypherpunks around the world. but when privacy and anarchy is the top priority, Monero is the number one choice, not IOUs of a potential high performing asset.
>the price is supressed
lol
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