Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: The Lightning Network: A failure?
by
BlackHatCoiner
on 11/04/2024, 18:32:54 UTC
⭐ Merited by legiteum (1)
much like ordinals done special deals with mining pools.. privacy guys can too
Nice. So instead of refusing to buy this nonsense, let's just give up our privacy options like trustless coinjoins and XMR swaps and put trust on mining pools, as if these new coins are invulnerable to being called "tainted" again.  Roll Eyes

Man, you're insane.

Even if Bitcoin turns centralized in the long run? Scaling should be done in a responsible manner to help prevent BTC losing its core aspects of decentralization and censorship-resistance. Why do you think chains with a big block size (BCH and BSV) didn't succeed?
Apart from BSV which was an exception, we frequently notice altcoins like Litecoin and Monero being used more as a currency than Bitcoin. Check out this post from stompix: https://bitcointalk.org/index.php?topic=5478905.msg63402003#msg63402003.

To me the answer is crystal clear. People don't care about decentralization and censorship resistance that much for their financial transactions. They care about those properties when we're talking about the best asset there is. Bitcoin proponents view bitcoin more as an asset than a currency, and that's why it is not worth the risk to implement significant changes. It's that simple, yet we're making it seem so complicated somehow.