this is why we monero
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Monero could never scale to do payments without an L2 either. Blockchains do not scale.
It only works now because basically nobody uses it
It works now - today - for the people that need it.
Lightning also does not scale for global payments, yet people defend it. This argument makes zero sense.
When talking about payments (not SoV), if something works well today, why do you care it does not scale infinitely?
I am a hyperbitcoinzation maximalist, I want mass adoption of both nostr and Bitcoin, you and I disagree on this
Lightning will scale because people will use custodians and they are gonna like it
Fiat already scales infinitely with custodians. That's not how you win
Custodians that fail to be interoperable on lightning will not get far, i think that’s a pretty meaningful difference
CDBC fixes this better than custodial bitcoin ever could
Custodial LN is so easy and works perfectly. Who cares if there is trust as a trade off for fast / instant / near-free txs when 99.95% of an individuals wealth is protected behind impenetrable encryption that can’t be rugged.
Couldn’t we have multiple solutions? Why just one?
We definitely can but one thing is for sure monero ngmi 🫡😈
Interesting opinion, you could be right actually. Although i still say the need to be interoperable with real lightning is a de facto practical check on custodians’ integrity, to some degree at least. If the ONLY available options were custodial lightning, you’d be correct for sure
You aren't scaling Bitcoin usage with custodians. You're scaling IOUs.
You right, the whole world is gonna hold their own keys and run nodes, how stupid of me to assume otherwise
Ok, then why are you so worried that Monero doesn't scale?
What you're saying is also true. It still doesn't change the fact that custodians don't scale Bitcoin. It scales IOUs.
Funny, that this is exactly what bcashers said back in the day of the great schism and were ousted for it.
They framed it a little different, but I see we are now back at square one. This time Bitcoiners defending centralisation and custodianship.
Have your heard of Solana TPS or Hedera?