Lightning is probably the worst thing that has happened to Bitcoin. Sadly, because in theory it is super cool the first time you hear about it, 10 years ago.

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I know the argument but I disagree. Unless someone invented a way to made On-chain payments scale without the centralizing tradeoffs, Bitcoin had no other way to make it to visa-level TX activity. Now we've surpassed that, and as a lightning node runner it's given me an income, too. I know it took some time to get here but lightning is great now. Not quite perfect, but millions use it every day around the world and it's now proven tech.
Probably I talk fantasy but I the whole calculation/computing that Bitcoin makes is meaningless. Don't get me wrong - it's still a good value storage but instead of computing bytes to be in a certain shape, you could compute something more meaningful like: - Reasoning power, token computation. - Genome computation to make early illness detection. - New meds discovery via simulation computing. - Other weird ideas to make our life easier.
dan's avatar
dan 1 week ago
"Unless someone invented a way to made On-chain payments scale without the centralizing tradeoffs, Bitcoin had no other way to make it to visa-level TX activity." isn't this exactly what BCH did? the more I read the more I'm convinced the community chose the worse bitcoin version