Post
Topic
Board Bitcoin Discussion
Re: If the banksters and governments held 90% of the Bitcoin supply, what now?
by
Wind_FURY
on 30/11/2020, 07:19:02 UTC

Stop gaslighting. Roll Eyes

That only applies to custodial services for LN. A user has a choice to run his own Lightning node, so it's not a direct comparison to gold and bank vaults. Plus you always have uncensorable Bitcoin onchain transactions available.

stop abusing the buzzword gaslighting until you learn the meaning
if your doubting your sanity. that on you.
but facts and numbers and quotes from devs showing they dont want people to use bitcoin as money exist.


It's not a debate. You have twisted the truth, and putting words in people's mouths many times in the forum. Stop gaslighting. Roll Eyes

[/quote]

plus to be a viable 'vault' in LN. requires you to have enough 'value' locked up to be collateral for tokens in each channel and have multiple channels to be able to be a service. otherwise you just end up having no path/route available or not enough funds to offer out as a route/path for others. and end up only becoming attached to the large services. to reduce your collateral outlay/risk of loss.

[/quote]

There you go again with the Disinformation. There is no "value locked up" in Lightning as "collateral" for "tokens" to be issued. Those transactions are signed by the participants of the channel, that have not been broadcasted to the network.