Quote from: realr0ach on January 12, 2019, 11:57:53 AM

Quote from: wachtwoord on January 12, 2019, 11:53:35 AM

Of course lightning is a far weaker system than Bitcoin offering far less security and censorship resistance.

You miss the point it does nothing to fix the current monetary system. The fact bitcoin is designed around having built-in, rent seeking middlemen who you need to ask permission from to move the coins you supposedly own, and then need to pay a ransom extortion fee to, should be a red flag to any non-idiot that bitcoin at it's core does really nothing to alter the evil banking system that currently exists. The variable of fixed money supply in bitcoin vs infinite fiat supply is pretty much a giant red herring to distract people in this regard.

The real issue at hand isn't the variable of supply, but the ability of people to insert themselves into the middleman position and siphon off wealth while doing virtually nothing, collecting infinite interest, and ownining the entire planet in the process. The banks do this in their current business model, and both bitcoin and the lightning network are designed the same way. So nothing really changes in the end.

Physical metals, on the other hand, DO NOT have built-in middlemen like bitcoin and the current banking system do. If I attempt to spend a bitcoin, I am involuntarily making someone else rich in the process - the designed to centralize, built-in middlemen mining monopoly or lightning node monopoly. If I attempt to spend a gold, silver, or copper coin, NOBODY else is profiting off my transaction and sucking up all wealth in the universe in the process.

I like your content, it makes me think on some aspects of the current world monetary/goods system.
One thing I disagree with is that in order for you to be able to spend that gold, silver or copper coin you've already made someone rich, the guys that mined the raw metal and the guys that sold you the coin so you can spend it.
Unless you start mining gold, silver or copper yourself and then transfer the raw material to a coin, you're making someone else rich.

Try mining gold yourself? Aren't all the gold, silver and copper mines in the World owned by A FEW large corporations based on licenses that the Governments granted them for lots of money?