4 ms·
Right now, there are $65 mi available in liquidity on LN, which I wouldn't describe as negligible. I guess the main problem here is regulation: if I spent it, w
by rafaelero 5y ago
Right now, there are $65 mi available in liquidity on LN, which I wouldn't describe as negligible. I guess the main problem here is regulation: if I spent it, would I be taxed? Volatility is a problem but probably not a big one in half of the world the live with unstable money.
- oska 5y ago> there are $65 mi available in liquidity on LN According to a fairly reliable source [1] it's actually $320 million (on the network + sidechains). [1] https://twitter.com/DocumentingBTC/status/1392527616981229570 https://twitter.com/DocumentingBTC/status/139252761698122957...
- stale2002 5y ago> 65 mi available in liquidity on LN By 65 million in liquidity, I presume you mean the same ~1000 BTC that has always been on the network, for 2 years now. There has been a slight uptick, in the last 6 months, but the amount of BTC on the network has stayed basically the same. I don't really consider "People put 1k bitcoin on the network, 2 years ago, and then never removed it" to be a good example of usage. What matters is usage. How many people are actually using it in actual transactions. Not some nebulous misdirection to a concept of "liquidity".