Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
infofront
on 03/01/2018, 02:45:08 UTC
Roach has some valid points

It takes energy to extract gold and silver, from burning fossil fuels. Peak oil also = peak gold and silver you can't magic it out the ground without expending the work.  'Proof or work' in bitcoin was based on that principle. There is no magic surplus going to arrive from outer space.
  
Also as per recent comments a few pages back. Lightning Network, I have also concluded is a banking layer plonked on top of bitcoin.

Ignoring this is akin to putting your head in the sand like an ostrich. But yeah, ignore the troll. Ignore me too. I'm used to hostility on this thread


No one will be forced to use the lightning network. LN will reduced blockchain bloat and lower fees, even for the people who will never use it.