and coercing people to exodus bitcoin for these other networks
If the sender and the recipient both agree to use Bitcoin, where is the "
exodus"? The funds never leave the Bitcoin blockchain, you raving loon. No funds can ever leave the blockchain. Why doesn't a single argument you present make an ounce of sense?
Yes, and it was also said by a billion people before DooMAD. It's the way you're using a word that makes you look a bad person, you moron.
if people are not transacting on the bitcoin network regularly, and instead they are using some cell phone LN app to pay for their coffee(not realistic to carry a PC into starbucks just to buy a coffee). then obviously they are not going to be a full bitcoin node. and instead going to be running a litewallet. with a 'watchtower manager" and a custodial channel(factory hub) that gave them liquidity(and the LN PR group know this scenario, its their game plan)'loon, moron'? seems im not the one shouting insults regularly.. but its a certain group that loves to poke the bear with insults, then cry when they get bit. (not the first time i highlighted this tactic being used)
also. when vaulting up gold to then use bank notes.. its no longer gold hoarding by general people. but hoarding via banks and thus an exodus of gold hoarding(by general people) and an entrance of fiat hoarding. (wild west gold swapped for crappy fiat)
same goes for the tactic LN PR group want.
lock up bitcoin, get people to play with millisats for weeks/months, give them ways to not settle back to bitcoin, but instead keep 'rebalancing' their millisat joint accounts. and when they finally want out.. the last phase mention how bitcoin is too expensive and offer altcoin as the settled asset(atomic swap).
thats not new economics, nor smart economics, nor anything innovative or original, nor does it benefit millions of bitcoin users.. thats old economics that benefits those who invented the banks (ln channels)
much like how the banks vaulted gold, gave out bank notes and then at redemption of banknotes, offered copper, brass, nickel coins instead of the gold..
its the oldest economic tactic in the book.
even medieval england kings hoarded his villagers gold and handed them out 'notched sticks' to play around with for daily purchases.
..
so when you see a LN fangirl shout how they dont want users to use bitcoin for daily spend activities like buying coffee or food or train tickets or anything people buy regularly.. you can see their game in play
So if he wants to attack LN network he should.
There is a lot of complexity as to why we should or should not have LN I think in the long run it will hurt BTC but then again maybe not.
@ franky1 on every ln thread you should simply say you think the ln network will kill off btc in the long run.
You should try to limit posts to 1 or 2 per page. but you should keep them up.
I don't post on the LN thread, but I think they could be wrong you could be right.