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55 sats \ 1 reply \ @downtownjj 20 Feb 2023 \ parent \ on: Can we take a moment to appreciate how far lightning has come bitcoin
yeah and stating the obvious, liquidity is based on sats and most lightning transactions are measured in fiat so if and when the price of bitcoin doubles, a 100$ lightning transaction will consist of 50% less sats and therefore require 50% less liquidity.
I agree. 1m sat channel seems like nothing now but what if bitcoin is $500k a coin. Channel liquidity hopefully wouldn’t have to be rebalanced so often
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