Post
Topic
Board Bitcoin Discussion
Re: I hate the BTC transaction fee and the long long wait for the @^%& to confirm!
by
fatalbert
on 24/12/2017, 13:42:57 UTC
I’m in same boat. I stopped using bitcoin and switched to litecoin and BTC cash.

And FYI. Everyone who thinks lightning is the savior. Your being conned. You think Starbucks or you are just gonna never want your bitcoins? Just the iou on the lightning channel is good enough all while your real btc is locked up in the channel? So amazon just gonna lend you credit for how long? No. They are gonna want that real btc aka real $ pretty quickly. Simply speaking. If you open a channel. Other party gonna want it closed very quickly to actually get their payment in real btc. So this does nothing. Opening and closing a channel gonna cost shit ton and take forever just like now.

Lightning is the biggest scam going. Sounds awesome on paper until you actually think about how it works. Your coins get taken from you and replaced with iou’s Aka not real $.