Why do you think that?
133 sats \ 6 replies \ @Tef 29 Apr
It would be too complicated and people will leave SN.
I agree with @DarthCoin:
For each zap, no matter how many sats will be, will carry a routing fee. Yes, stackers can open a channel with SN node and could have 0 fee. But not so many will afford that channel. These fees will make many stackers realize that is quite expensive to zap. So they simply stop zapping, stop posting, stop replying etc. SN will lose a lot of traffic. Some stackers here are even stacking hard few thousands of sats and then go to buy groceries with sats from SN... some people are looking to every single sat.
If you want this to happen, go ahead! Transform this forum to some kind of an elite Bitcoin forum.
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You're making good points. Here's a more optimistic take:
  • All of this scrambling was inevitable, it was only a question of when.
  • People with skin in the game (e.g., people trying to truly build on btc in the actual world) will face the same scramble.
  • It will suck ass, but it will reveal a lot about the actual state of the ecosystem.
  • Via responses like this, the ecosystem will adapt in the direction of more resilience.
The bad news:
  • The point where btc feels like a 'success' for most people will take longer than most people think.
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The point where btc feels like a 'success' for most people will take longer than most people think.
Yep. For bitcoin to be bitcoin, it has to be usable at the edges so it can survive attacks to the middle. It isn't very usable at the edges but that's mostly because we've all been lazily building in the middle.
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They don't have choice. The US is going after custodians.
I agree with the barriers for newcomers. It's going to suck.
Is LN a failed project?
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Is LN a failed project?
I don't think so.
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10 sats \ 1 reply \ @ca 29 Apr
That this whole Money Trasmitter legal shitshow would happen was predicted by bcashers in 2017, to be fair.
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As a counter to lightning, the video is better than most.
But, we don't have a ruling yet wrt the recent redefinitions of money transmission.
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