Lightning is not private at all. Look into the Watchtowers and who owns them. Offchain solutiom for what should be done onchain makes no sense. Its fast, but too much like old system.
I like the idea of btc, but better projects have been developed with better use cases, and the potential for anyone to make a currency better than anything that exists now is really the most liberating aspect of all this.
I am always open to something being better, but so far I have seen nothing better for my own purposes.
I strongly disagree that we need that on-chain. Altogether too much is being done on-chain and should probably be rolled back.
I am principally against turning software projects into a giant ball of mud and that goes doubly for money.
What projects are you referring to?
Watch the video with Amir
I'm not so sure I can if it involves a bunch nonsensical arguments in support of a bunch of shitcoins.
Your bias prevents you from learning
And your bias prevents you from realizing that you're endorsing and promoting publicly traded ponzi schemes. Look, man. You do you, alright. 🤷♂️
For the record, Bitcoin is the only digital currency that I endorse because I have audited the source. I feel confident recommending my friends and family purchase it.
Everything else I have seen has not been a better solution to the problems Bitcoin is solving.
If I didn't trust Bitcoin, I would simply buy more gold.
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Also, I have never had an issue with lightning, and I know a good amount of other bitcoiners who have never had complaints either.
I have complaints. 😂
But I'm more flexible on second-rail technology than on the core.
Like what? Curious. 🤔
Forced closure. Some of the connections are unstable.
Generally don't like that you need to maintain a channel, so that you have to stay online. Seems inefficient.
I think there are some teams working to solve for that.
This I can understand. Especially, when the network is crowded. Personally, I've never had this issue. But, I've heard some complaints from other users.
I tend to see "shitcoins" as experimental projects for possible second-rail technology.
Bitcoin is very good at being a monetary reserve asset and it can't be invented twice.
You're not wrong. Alot of the core aspects of some of these projects have been fused with the main chain and LN.