Quote from: Dorky on April 13, 2017, 08:10:28 AM

Quote from: iamnotback on April 13, 2017, 08:04:32 AM

You won't be able to transact in BTC on chain. I explained that to you before.

There will be digital currencies and they will be regulated like 666, and you won't be able to transact on chain in Bitcoin which won't be regulated.

Satoshi designed it this way and even @dinofelis admits he did, but somehow @dinofelis can't see that such a design forces the masses off chain into the totalitarianism of 666 regulated currencies.

You understand that it is not in my interest to accept 100% of what anyone says without due diligence.

I am correct about the technological points. Thus I am correct about the ramifications of those technological points.

Quote from: iamnotback on April 13, 2017, 08:16:22 AM

Re: If LTC succesfully implements SegWit, will and should BTC follow?

Lightning Networks off chain transactions are analogous to garbage collection (GC) in programming, in the sense that there will be huge unpredictable spikes in transaction settlement load on the main chain, which will cause the main chain to be unresponsive to other needs during such "hiccups", similar to how your computer pauses if you have too many browser tabs open too long, while the GC mark-and-sweep algorithm attempts to free up memory.

For this reason (and others), LN and SegWit will never get activated on Bitcoin. Bitcoin was designed by the global elite for settlement between $billionaires. They want it to be as reliable as possible. So there is absolutely no way the elite are going to allow anyone to fork Bitcoin. Fugetaboutit.

Litecoin is being prepared to be the scaling coin. Bitcoin will remain the power broker settlement coin.

And nobody can change this outcome. A year from now, all dumbasses will once again realize I am always correct.