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0 sats \ 0 replies \ @notgeld 11 Sep 2022 \ on: Does anyone think Project Nexus is a real competitor for the Lightning Network? bitcoin
No. BIS runs many projects mainly CBDC related. This is how they want to gain more relevance in apparently collapsing global USD-standard.
LN is permissionless. To be able to participate in BIS activity one has to be a pretty big bank or corporation. Probably already laundering billions of dollars.