270 sats \ 0 replies \ @dustin 17 Feb 2023 \ on: I'm an LN maxi. Are we on the cusp of major network effect? (sats for replies) bitcoin
I'm super excited about Lightning! I enjoy the faster experience with purchasing and tipping in LN is super convenient. LN-URLs, Lightning Addresses and Lightning Auth is making it even more enticing for people already into Bitcoin to take another step. BUT I have a hard enough time convincing non-technical people and even technical people who never researched Bitcoin that L1 is a usable piece of technology and not just an investment opportunity. Getting past how scary self custody sounds and how sending/receiving works is a challenge.. going into L2 and diving into non-custodial lightning wallets and having to consider inbound/outbound liquidity of your channels is still too much for the average person to deal with, I think. In my humble opinion, L2's adoption is still completely dependent on L1's adoption. Maybe I'm not not close enough to it, but I don't see any easy route for a non-bitcoiner to get into Lightning.. it is still two (big) steps for the average user to get here.