That was the opposite of well said. He didn't explain ANYTHING about how LN is going to solve any of the problems I listed in the quote below. Bitcoin is a god damn cult of idiots, I swear. Look at this sirazimuth's guy signature for fucks sake:
"Bitcoin...the future of all monetary transactions...and always will be"
That looks like it was written by a 3 year old. No reasoning, no nothing. Just "buy my centralized pump and dump scheme because ...I dunno!"
Explain how I can securely send gold or silver across the world for payment without any friction/transaction fee or middleman, or GTFOOH you idiot.
I can explain that easily. Have you ever noticed that systems like Steam the game platform don't let you resell games you buy? Probably because it would turn it's customers into competitors. Why? Because their model is based around the scam of pretending intellectual property has scarcity when it doesn't. When you remove the artificial scarcity, their business collapses.
What the fuck is bitcoin? Absolutely nothing but the same artificial scarcity scam. You're buying into a con and pretending artificial scarcity has value just like on Steam (unless your goal was to donate money to the game developer instead of participate in functional economics). The lesson from Steam is that wealth does not exist in the digital world. Everything digital is inherently valueless because it doesn't have scarcity. No, artificial scarcity is not scarcity, it's a con job.
The answer is, you cannot send "money" digitally because money and wealth does not exist digitally. The only thing you can send digitally are...IOUs....or valueless 0's and 1's, pick one.
Intellectual Property has scarcity. What has very limited scarcity is the ability to copy digital IP and by getting highly educated users to rent it in a way they cannot copy it works great as a way to keep charging fees for artificially scarce copying ability. The same is true for Netflix and others.
Everything is asymptotic. The closest to money and wealth commoners ever experience is the shadow on the wall of the cave projected by the owners. Whether it is in the form of taxed land, state currencies, company stocks or a heavily regulated productive business, they are all allowed to exist by the grace of the owners. Consequently, land, businesses, stocks, currency, digital or otherwise, are the truest form of money and wealth the vast majority of people anywhere will ever experience or even understand as such.