reading the topic again from the start (due to getting too embroiled in the drama of the doomad/blackhat ping pong game)
the first reponse to loyce
I will not talk about LN directly, but about off-chain solutions in general.
When Binance came to Brazil, it dominated the crypto market nearly completely. It is by far the best, most trusted and cheaper exchange. Nearly everyone who works with cryptocurrency in Brazil has a binance account.
Recently I made a small job and I was paid in Bitcoin. For some time I have been selling some of my stash at the begining of every month, like a Dolar Cost Averaging, but for selling.
I was going to sell some bitcoin in the next few days, and I gave my client my binance address. He immediately asked if I could be paid in BEP2 chain (Binance chain, using a BTC pegged token). I accepted, as it is a free and instant transaction and I was not going to hold that bitcoin for long.
Now, is a BTC pegged token bitcoin? It is not, but i guess it is useful for bitcoin adoption and awareness.
So, to summarize: Off-chain solutions are already happening. They are useful. LN is the best off-chain solution, but people do use it all the time yet. LN would be good for my transaction? Well, I think not as good as the BEP2 solution, but it would work.
I believe that we should support LN and use it, otherwise we will soon be forced to use a worse off-chain solution from time to time.
this shows exactly the problem
bitcoin only exists on the bitcoin network. so all the binance custody balance, BEP20 and BNB and LN stuff are not bitcoins
it goes to show people cant tell the difference even though there are risks of using custodians or so called pegged promises all being branded as bitcoin
it gets worse when those other systems/networks fail or are under suspicion of future failures that it tarnishes the actual bitcoin networks reputation.
then we have the ping pong games of the madhatters (do
mad and black
hatcoiner) who go around saying bitcoin doesnt have a consensus to decide on rule activations, devs can impose any rule change they like without veto or objection from other network users, people should prune the data becasue decentralised blockchain is not a thing that needs to be secured, and if people want to transact they should use a pegged network and not the bitcoin network
while then pretending they are "bitcoiners"
very shameful