jackspirko on Nostr: Your inference is RETARDED, sounds like you are saying Bitcoin is fractional reserve, ...
Your inference is RETARDED, sounds like you are saying Bitcoin is fractional reserve, it ISN'T and anyone that says it is, is willfully ignorant or stupid.
In a fractional reserve system money is lent into existence expanding the supply.
LN and other layer two do have some risk but they do not increase supply by a single sat. In fact they REDUCE SUPPLY by tying up sats for liquidity.
It sounds to me like you have been listening to shit coiners.
If you disagree fine, I am an open minded man. Explain to me how any BTC layered solution increases the monetary supply of BTC. Go ahead.
In a fractional reserve system money is lent into existence expanding the supply.
LN and other layer two do have some risk but they do not increase supply by a single sat. In fact they REDUCE SUPPLY by tying up sats for liquidity.
It sounds to me like you have been listening to shit coiners.
If you disagree fine, I am an open minded man. Explain to me how any BTC layered solution increases the monetary supply of BTC. Go ahead.