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> the network was being guided by a company set on limiting bitcoin throughout while building the L2 lightning network to solve that problem outside the bitcoin
by Quindecillion 3y ago
> the network was being guided by a company set on limiting bitcoin throughout while building the L2 lightning network to solve that problem outside the bitcoin protocol
What company are you talking about exactly?
> When you say crypto here do you mean cryptography, cryptocurrencies, or a subset of smart contract based projects?
Now you're just being obtuse. I'm obviously not talking about cryptography.
> All currencies, whether bitcoin, shitcoins, or USD are ultimately pump and dump schemes the all meet the technical definition of a Ponzi scheme
Yes, money is based mostly on trust. I trust Bitcoin's monetary policy more than any other, and for good reason.
- _heimdall 3y ago> What company are you talking about exactly? Lightning Labs. The founders were heavily involved in the debate over increasing block size that led to a hard fork. I have no idea if they honestly thought the network Das better off with a smaller block size, but after successfully fending off a block size increase they created a company to develop a lightning network implementation. > Now you're just being obtuse. I'm obviously not talking about cryptography. That doesn't actually answer the question. Are you referring to cryptocurrencies as a whole lot a subset of smart contract protocols?