weev's avatar
weev 1 week ago
> But it's not a ghost town, sorry. You're just wrong about that. Thankfully we can simply look at Bitcoin’s present-day fees and know that I am tangibly right and you a retarded liar. Fees are low because nobody is using Bitcoin.

Replies (2)

LOL! You think that the present day fees are representative of bitcoin's TX throughput? ;p Your assumption must be that lightning, liquid, eCash, Fedi, and other L2 solutions have all failed and didn't move any traffic off-chain. That's pretty pathetic, seriously. You are tangibly wrong and the only retarded liar here.
Show us the numbers. You can search merchants that publish their stats. Usually Monero ranks first with a wide margin and it has 30k tx per day which is a factor of 100,000 times smaller than Visa. Now LN makes up not even 5% of what Monero. So outside of very small informal communities where most people prefer "stableshitcoins" LN is only used to zap here on Nostr (same with fedi and cashu) and more recent to pay KYC Square terminals from mostly custodial LN wallets. LN is a failure as is and it derailed Bitcoin adoption for 10 fucking years. 10 years the states needed and used to weaponise the system against cryptocurrency.