Oddbean new post about | logout
 This post was mostly to provoke.

But I do find it ironic that we criticze ethereum for being overly naiveand  shifting narratives to suit the inconvenient facts on the ground...and now we are doing the same thing by saying lightning is now rails for trusted banks with weak proof mechanisms, hoping that the angels of human nature will keep the banks small and communal.  
 At least Bitcoin thoroughly tapped the "make lightning work for the norms" keg, before capitulating. Ethereum does it every 6 months, and we committed to contorting ourselves around lightning for 6 years.