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I am asking why I would open an account in the first place when the current system works great for me. I am sorry you find it so frustrating that I would like t
by TradingPlaces 4y ago
I am asking why I would open an account in the first place when the current system works great for me. I am sorry you find it so frustrating that I would like to know why I should switch to using Lightning. The only answer seems to be “because blockchain,” and that explains exactly nothing.
Edge cases are not mass deployment use cases
- olalonde 4y agoAh, I see. I didn't mean that you could literally buy a Slurpee with BTC on your watch today. It was just a hypothetical example for how it could work in the future. There aren't many use cases for the "average Joe" for now. It's still the early days and not many merchants support it. So if you aren't particularly interested in the technology/philosophy nor have a use case for it, there's probably no compelling reason for you to use it. Right now, it is of most utility to unbanked/underbanked people, for remittances, and p2p payments. It is also used for payments by merchants but only in some niches (e.g. online porn, gambling, cannabis industry, etc.). Of course, it's also appealing to speculators who believe in its long-term potential. They are probably the largest class of Bitcoin holders, but Lightning doesn't really target that use case.
- skinnymuch 4y ago13 years is not early days
- olalonde 4y agoYeah, a metaphorical "early days". What I meant was that adoption level is still relatively low and there are still many infrastructure components and services that are lacking or incomplete.