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108 sats \ 4 replies \ @jk_14 8 May 2023 \ parent \ on: Network congestion will turn out to be good for bitcoin adoption bitcoin
"Most of newcomers will use: custodial LN wallets." (like it or not: #174247)
https://images.squarespace-cdn.com/content/v1/57d675fc46c3c43b07adb974/1660940492292-LFWRMAENCKFU83ZV85KM/Told+You+So+200.jpg?format=1500w
most newcomers already use custodial wallets no matter which coin they use.
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so, the more important is that Lightning Network "gates" are broadly open
like Binance LN support hopefully, and the snowball effect may appear, regardless of on-chain fees
and newcomers will learn very quickly, when is the proper moment to move sats into on-chain wallet if necessary...
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the snowball effect already started.
binance is adopting lightning because is being used. not the opposite.
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...because Binance is cancer for Bitcoin :)
Bitfinex LN support, for example: September 2020
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