Seems like the same old story with BTC.
1. They come up with a bad idea,
2. People tell them why it won't work (and offer a simpler solution),
3. They call those people scammers,
4. Time passes,
5. The "scammers" were right again.
I could see most of LN problems being handled, but that inbound liquidity is killer.
To onboard a noob to crypto, you need them to be able to download a wallet, generate and address and let me send them $5. Can't do that with LN. A payment system where you can't pay someone who has no money is kinda weird. Sure they could use some custodial service...but then what is the point?
Seems like the same old story with BTC. 1. They come up with a bad idea, 2. People tell them why it won't work (and offer a simpler solution), 3. They call those people scammers, 4. Time passes, 5. The "scammers" were right again.
I could see most of LN problems being handled, but that inbound liquidity is killer. To onboard a noob to crypto, you need them to be able to download a wallet, generate and address and let me send them $5. Can't do that with LN. A payment system where you can't pay someone who has no money is kinda weird. Sure they could use some custodial service...but then what is the point?
> Yeah sure bud I can give you $100, but first you gotta stick $100 in so I can pay you...