reply on: How Bitcoin Scales w/o Forks: the Lightning, Liquid, On-Chain Triangle \ stacker news ~bitcoin

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121 sats \ 10 replies \ @iguano 2 Dec \ on: How Bitcoin Scales w/o Forks: the Lightning, Liquid, On-Chain Triangle bitcoin

loving this solution, thanks for sharing, something important to also add. Liquid enable private transactions, meaning that only the sender and the receiver can know the amount transacted on each transactions verifiable on the block explorer. putting this together with lightning enable a very private solution for the average joe.

121 sats \ 8 replies \ @DarthCoin 2 Dec

LN offers enough privacy if you really knows how to use it. Liquid is just a bullshit failed project that now Blockstream wanted to give it some use. Is just marketing.

0 sats \ 6 replies \ @iguano 2 Dec

100% sure you didn't read the article.

20 sats \ 5 replies \ @DarthCoin 2 Dec

I read it entirely and also I played out with the wallet. I know very well what am I talking about.

0 sats \ 4 replies \ @iguano 2 Dec

so you clearly not understood the article. read it again.

121 sats \ 3 replies \ @DarthCoin 2 Dec

No need. Is just a pathetic marketing for Liquid crap.

0 sats \ 2 replies \ @iguano 2 Dec

if you READ the article, you will see the disclaimers about liquid, so I'm 100% sure you didn't read it. is VERY WELL specified there also the goal and the purpose of using it. The people who comment without reading lose credibility.

10 sats \ 0 replies \ @028559d218 OP 2 Dec

You are right. The point is not to 'use liquid'... Liquid is just a temporary tool in order to 'stack sats' and manage lightning Liquidity among people who don't have the initial 300-500k sats to open a lightning channel (much of the world).

I posted this elsewhere... that once BTCPay has a 'Boltz Lightning-Liquid' extension available it will be everywhere. It allows people to accept 'non-custodial' lightning without having the initial lightning node.

1 sat \ 0 replies \ @DarthCoin 2 Dec

I do not need you to offer me "credibility". Is just common sense to see that the article is pushing a crap narrative.

0 sats \ 0 replies \ @iguano 2 Dec

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0 sats \ 0 replies \ @028559d218 OP 2 Dec

I agree completely. Is it the "perfect" solution for everyone for every amount? Maybe not but it's a useful tool that Boltz is making available today for different income-levels.

Bitcoin is supposed to be freedom money for everyone... but the current model is ossifying very very fast and 90% of the Bitcoin will wind up in the hands of the elite and the institutions (serious stackers + Blockrock and fidelity) if practical solutions aren't developed soon that work.

Bitcoiners don't want to admit this but it's true.