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Scraped on 26/08/2025, 17:16:38 UTC
Quote from: BitHodlers on August 26, 2025, 04:51:15 PM
What do you mean not many people are able to set up channels? Perhaps on desktop wallets or some advanced wallets. On mobile there are many reputable wallets that do it for you. All you need to do is deposit Bitcoin to your wallet and it will do it. It can't get more easier than that. On-chain transactions are not king if you need fast confirmation time. LN transactions are instant and they work great for small transactions.
You don't get the point.... There are millions of bitcoin users out there that have never ventured lightning payments mainly because they believe it's too technical to setup and also because of the convenience level of usage in their region. Lightning network is fast growing which is something I'm aware of but I'll still lay emphasis on the fact that it still isn't being used MAXIMALLY yet.

In some regions you'll find more shops and vendors that accept bitcoin on chain but don't even have a lightning channel setup and don't even plan on setting up one anytime soon even for payments within $100.
Original archived Re: Are Bitcoin’s Layer 2 Solutions Finally Enabling Everyday Microtransactions?
Scraped on 26/08/2025, 17:11:09 UTC
Quote from: BitHodlers on August 26, 2025, 04:51:15 PM
What do you mean not many people are able to set up channels? Perhaps on desktop wallets or some advanced wallets. On mobile there are many reputable wallets that do it for you. All you need to do is deposit Bitcoin to your wallet and it will do it. It can't get more easier than that. On-chain transactions are not king if you need fast confirmation time. LN transactions are instant and they work great for small transactions.
You don't get the point.... There are millions of bitcoin users out there that have never ventured lightning payments mainly because they believe it's too technical to setup and also because of the convenience level of usage in their region. Lightning network is fast growing which is something I'm aware of but I'll still lay emphasis on the fact that it still isn't being used MAXIMALLY yet.

In some regions you'll find more shops and vendors that accept bitcoin on chain but don't even have a lightning channel setup and don't even plan on setting up one anytime soon.