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I'll agree with you that the monopolies (or too big to fail whatever) in finance and technology should be broken up. And I hope everyone who is into crypto bank

I'll agree with you that the monopolies (or too big to fail whatever) in finance and technology should be broken up. And I hope everyone who is into crypto banks their fiat at a local credit union. But I think for most people using lightning means getting an account with a wallet provider. Couldn't they suspend your account for violating ToS? I guess some people could setup their own channel but I don't think that's what most people do. Proof of Stake just means the biggest entities will have control. That doesn't sound stable to me but good luck.

dwild 5y ago
> Couldn't they suspend your account for violating ToS? I guess some people could setup their own channel but I don't think that's what most people do. I someone can, someone else will for you.... that's the thing. I can't make a Paypal alternative for myself, so I can't do it for anything, but if I can build an alternative on the lightning network... well... someone else can do it and take care of people that can't. The buy guys only care about the big numbers... but open the door to the smaller guys, and you'll see, they'll take care of the smaller numbers too.