Post
Topic
Board Beginners & Help
Re: what will happen after 21 million bitcoins are mined? (in layman's terms)
by
stompix
on 21/09/2022, 07:05:55 UTC
You are really not using LN optimally

This is exactly the moment where the whole global adoption thing goes south or both or east, whatever is the bad direction where you are  Cheesy
The moment the average Joe has to do this and that and look at that and this and be sure to balance a lot of things he normally doesn't give a damn about it's the moment the average Joe will say fy this shit ain't for me!

You can't talk about mass adoption when you start by throwing 100 things of what to do and 1000 things not to do at the average citizen who has problems moving his google account on a phone, it all sounds pretty nice and understandable for some who spend hours each day talking about bitcoin but not so much for the rest of the world from which this adoption should come, and the difference when things start to pile up, that you can see even here. Look at LN topics and you will see a lot of users that have not made even the step of installing a client that supports it, the more complicated it gets the less enthusiasm will be about it.

This aside, we're going back to the same problem, nobody gets paid inside the LN so people must constantly open and close channels and so there is less activity and because there is less activity nobody wants to receive their wage there. Replace LN with straight-up Bitcoin and surprise, the same problem we have now!!!!!