Quote from: BlackHatCoiner on Today at 03:51:49 PM

Quote from: franky1 on Today at 03:39:44 PM

1. saying LN is intelligent technology.. when its simply 'joint-bank account' economics of private agreements between partners.

Yeah, and Bitcoin is just a currency. Lightning allows these agreements to happen in a trustless way and that's how it distinguishes itself from every other debt-based payment system. At this point I have a feeling that I need to quote the following;

Quote from: satoshi on July 29, 2010, 02:00:38 AM

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

Quote from: franky1 on Today at 03:39:44 PM

3. without permission? its 2-of-2 co-signing agreements needing the other person to give permission and be online to allow payments

It's a 2-of-2 co-signing agreement, but you both have a pre-signed Bitcoin transaction if you don't cooperate. Same goes for connectivity.

Quote from: franky1 on Today at 03:39:44 PM

4.seems you now want to show how you hate bitcoin

You're the only person in this room who thinks I hate Bitcoin.

1. "LN allows private agreements".. has the word agreements in it. .. its not trustless. it requires both parties to be amicable. even the punishment cant be auto-trusted to work in un-amicable scenarios, it has flaws.
seems you have not even looked at the issues cypherpunks had with their p2p money before blockchians existed.

3. you are yet again confusing the locked bitcoin vs the LN payments. please try to learn the difference, it will help you with your day to day use of LN. im not stating you personally shouldnt use LN im saying you should learn what LN actually does and how it actually works to make your life better. heck it might even give you some insight on a better PR campaign

4. you just stated you dont want to go back to using bitcoin because of the fees and confirmation time
ill quote you AGAIN

Quote from: franky1 on Today at 03:39:44 PM

Quote from: BlackHatCoiner on Today at 12:43:22 PM

I'm not going back to paying 10-100 cents and wait for so long just to get my transaction confirmed. I want things to work instantly.