Post
Topic
Board Speculation
Re: Automated posting
by
billyjoeallen
on 24/02/2016, 20:52:03 UTC
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain

LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.

Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use LN USD Smiley

LN doesn't have legal tender laws to force people to use it.  If it's not backed by Bitcoin (or something) the market will probably reject it in favor of something better.