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21 sats \ 7 replies \ @ca 26 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
bro having end users manage liquidity channels is the dumbest design solution possible. No normie is gonna do that. Let's look inward and try to do better, rather than blame users for suboptimal choices.
No end user should spend weeks learning the technicals of LN.
Society advances when things are abstracted away, not complicating them more than the status quo.
I've used phoenix wallet. It wasn't hard and served its purpose.
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For you... You also use stacker news. Not representative.
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I believe it is inevitable.
When? I don't know noone does.
But i believe that Bitcoin usage, as a MoE through Lightning, Liquid or other layers (Ark) is inevitable.
Bitcoin is better money... and 'the market' can only ignore better money for so long.
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MoE can never go mainstream until it's below the threshold of what it's doable by users. Lightning is not there, yet, or never will be I am not sure. Ark might one day be normie friendly enough.
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we'll know in 10 years friend
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Imo the 2 things preventing much-larger MoE are...
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lack of education. When most people think crypto is Bitcoin and 'crypto is a scam' then they won't bother to learn that Lightning exists.
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Taxable transactions for every cup of coffee, every candy bar etc. It creates too much record-keeping for businesses who by definition have to live in the 'lit-market'. Remove those record-keeping requirements for most purchases and MoE has a much better chance to taking hold. Imo it shouldn't be taxed at all.
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Nobody pays these stupid petty taxes when they are not enforceable!
Guess what when your monetary system has decent privacy and throughput, they are unenforceable!
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