many useful sources were provided.
The LN dev was quoted admitting it can't scale to millions of wallets decentralized.
The LN white paper is available on the WWW.
The YouTube discussion between Poon and the co-author of the LN white paper is available where all the points I made are discussed.
Lauda you spread FUD every time an expert writes facts against Bitcoin. You force your ignorance on everyone. Before you post, you should do the research.
and Lauda's objective probably is just to pick a trolling fight so the whole thread would be considered as trolling
I think I handled him effectively. I didn't let him drag me into a tit-for-tat. I specifically didn't reply on the points so he could extend the debate on his meaningless ignorance.
Amazing that a forum allows a moderator also be a habitual FUD troll.
I didn't even intend to post this thread. I stumbled onto that Bitcoin Potential Market Adoption Index article today and wanted to comment that the thesis of the research was assuming some weaknesses in Bitcoin. A mass adoption CC won't be targeted to same users as Bitcoin. Bitcoin is for Chinese avoiding capital controls and others of us doing nefarious dealings, thus the inclusion in the Bitcoin Potential Market Adoption Index the factors pertaining the capital controls, black markets, and financial instability in each of the countries considered.
The mass use case of Bitcoin is very weak because the technology doesn't scale decentralized and decentralization and permissionless qualities were the original reason to want CC instead of digital fiat, and Bitcoin is a very tiny, miniscule market right now.
The less decentralized Bitcoin is, the slower its network effects will grow. Because turf battles turn it into a morass.