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As you pointed out, this isn't how Lightning Network works. The fact this is being upvoted is useful information about the state of this site and people's knee-
by errantmind 5y ago
As you pointed out, this isn't how Lightning Network works. The fact this is being upvoted is useful information about the state of this site and people's knee-jerk reaction to anything cryptocurrency related (coming from someone who has been here a while)
- mujina93 5y agoCan you explain to me how something that is very unsatble in value can be useful as a currency? Assuming all other aspects are solved.
- errantmind 5y agoThe current volatility will decrease as adoption and everyday use increases. The primary value of cryptocurrency is there not being a central authority to inflate away its value (through bailouts or economic 'stimulus'). Smart contracts offer the same fundamental value: you know what you are getting into and no one authority can change the terms on you.