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Lightning network (which admittedly has its own set of flaws) does a reasonably good job of improving privacy and increasing scalability. It's reasonable to ass
by msgilligan 3y ago
Lightning network (which admittedly has its own set of flaws) does a reasonably good job of improving privacy and increasing scalability. It's reasonable to assume that Lightning and other "layer 2" technologies will continue to develop if the Bitcoin user-base continues to grow.
Bitcoin and Lightning solve many of the issues in the article and will improve.
As a society we should encourage both the use of physical cash and decentralized cryptocurrency as alternatives to the centralized banking "cashless" system.
- kylebenzle 3y agoAs far as I can tell LN has been failing 18 months at a time for like 5 years now. Its never going to work is what people seem to be saying. Satoshi had the simple solution from day one, it is just to incrementally increase the block size as needed, like the BCH fork is doing, its really no big deal.