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lol, with lightning you have to rely on a small number of centralized payment hubs who will likely be strongarmed by the government into keeping tabs on transac
by __blockcipher__ 9y ago
lol, with lightning you have to rely on a small number of centralized payment hubs who will likely be strongarmed by the government into keeping tabs on transactions through KYC/AML laws.
It completely breaks the fundamental and original usecase of bitcoin: peer to peer electronic cash.
Now it's "first world speculator to first world speculator through intermediary financial institution electronic store-of-value". Doesn't roll of the tongue quite so well, does it?
IMO, XMR and BCH are the current best options for transactions. BTC is being destroyed by people who hadn't even heard of it 5 years ago.
- hahainternet 9y ago> lol, with lightning you have to rely on a small number of centralized payment hubs There is no requirement for this. This is FUD.