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21 sats \ 12 replies \ @javier 3 Apr 2024 \ parent \ on: Coinbase Selects Lightspark for Lightning bitcoin
Well, if @DarthCoin and others are right and they are doing fractional reserve on Bitcoin, I don't think that's a good thing, it only means more ways to scam.
how could a lightning integration possibly mean “more ways to scam”?
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Lightning is just a tool, can be used for good and for bad. Like Bitcoin. If a scam is run on Bitcoin, that doesn't make the scam less scammy.
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ok, but you’re implying a scam is already occurring, how does adding Lightning make things any worse?
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The more ways they add to make the scam bigger, the worse things are going to be, don't you think so? It's simple logic.
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you’re implying that the “scam” is a fractional reserve system.
a lightning integration does not magically make fractional reserve systems more dangerous.
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Come on kr you are intelligent. If they increase their usebase because of adding lightning, obviously the scam becomes bigger.
And it's not just suspected fractional reserve, Coinbase is a bad actor in general, DarthCoin already put you a list of bad things this company already did: #78930