I think there will be centralization on 2nd layers like the Lightning Network. Bitcoin's mainchain is slow. Running full node is expensive. Decentralization com

I think there will be centralization on 2nd layers like the Lightning Network. Bitcoin's mainchain is slow. Running full node is expensive. Decentralization comes with tradeoffs. Lightning tries to live up with Bitcoin's ethos. It's designed with decentralized nodes. We end up with 2 decentralized networks trying to talk to each other. The result is a very complicated 2nd layer. I think centralization can simplify a lot of things. As a user, I don't have a problem with it. Exchanges are already centralized. We just need more options to choose. I'm excited about 2nd layers. I think they would enable Bitcoin to interact with other technologies. I created Bitflate based on Bitcoin. We can mix Bitflate and Bitcoin to create hybrid coins. Some level of centralization is fine. It's a tradeoff for lower cost and better UX.