Quote from: rebal15 on January 12, 2019, 12:01:27 PM

Quote from: realr0ach on January 12, 2019, 11:42:31 AM

Quote from: Wekkel on January 12, 2019, 11:36:55 AM

Quote from: realr0ach on January 12, 2019, 11:23:40 AM

[...]Lightning Network is an exact replica of the current banking system [...]

You have to upgrade your thinking.... Roll Eyes

You people are clueless if you think all Lightning nodes that route transactions won't be run and controlled by the banking entitites that already exist. They can simply make it that way with the stroke of a pen. Banks are not traditionally in the semiconductor business, so that has slowed their ascent of taking control of bitcoin mining, but Lightning doesn't require mining. It's the playground of their already existing business model, to just insert themselves in as middlemen by regulation with the following result:

Banks collect infinite interest by taking a cut of every transaction with no skin in the game and own the planet.

So there is no way to escape from banks.

Your doomed