You'll have a social page for your lightning node that sells various services and displays your trust network The lightning graph will start to mirror the social graph This node persona will casually coordinate channel batches to bring on the next billion nodes for practically free The math is simple A batch open of 50 channels runs ~2000 vbytes 144k are mined a day That's 3M channels a day, or 1 billion a year, enough for every business and household on the planet

ECash is a server authentication scheme, not a currency It doesn't make bitcoin more private It doesn't make custodians more trustworthy The new payment specs associated with it are an attack on Bitcoin, specifically the network effect of bolt11 It's astroturf for the new EDollar It's a well-funded psyop pushed by spooks, scammers, and their useful idiots

Thinking about starting a pod exclusively for relentless pro-Lightning propaganda Who's in?

The script kiddies that want Bitcoin to be something ETH-like are the same people simping for ECash mints and Federated custody That correlation is not a coincidence

Trigger warning

Stacker News

"Federated" is nomenclature used by scammers to mislead the non-technical \ stacker news

Sorry I click-baited you with the title, I hope you'll find it justified. It's important to discuss the unavoidable downsides to complex (technical...

Some seem to think that Lightning will simply be a settlement layer between other payment systems This dystopian view of incompatible fiat payment specs shows that they have learned nothing about network effects from L1 Bitcoin No coincidence they're all shitcoiners