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i'll take the relative simplicity of bitcoin/lightning over all this

Bitcoin is 'operated' by ..... no-one, it is a protocol

or should we say say several thousands of anonymous node-runners spanning dozens of geopolitical jurisdictions? the only thing they are 'operating,' though, is their own node.

Indeed, and yet...Tether marches on. At the end of the day, I think they may be serving different uses...but this may be a weaker claim than I realize.

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