TheBitcoinManual on Nostr: For sure, I agree there are people that will just always trust a company or someone ...
For sure, I agree there are people that will just always trust a company or someone to do it for them, thats never going to change, but I don't think that even if 1% of the worlds daily transactions moved to LN that the network would be able to cope
Yes there are proposals that can improve LN
But I'm basing it on today, LN is not a set and forget, for example for me, I had problems because locally we have power outrages, if my power is out too long and my UPS can't run everything for the lets say 6 hour stint, my LN node was down, and I had to do a back up and it was a pain in the arse and cost me a fair bit
It can be more complicated than that, what if the person needs that liquidity for something else and has to close? What if someone physically grabs your node and runs off with it?
I think if businesses alone would adopt LN it would be enough to traffic to start making plenty of transaction sizes obsolete, never mind compounding of individual users
Yes there are proposals that can improve LN
But I'm basing it on today, LN is not a set and forget, for example for me, I had problems because locally we have power outrages, if my power is out too long and my UPS can't run everything for the lets say 6 hour stint, my LN node was down, and I had to do a back up and it was a pain in the arse and cost me a fair bit
It can be more complicated than that, what if the person needs that liquidity for something else and has to close? What if someone physically grabs your node and runs off with it?
I think if businesses alone would adopt LN it would be enough to traffic to start making plenty of transaction sizes obsolete, never mind compounding of individual users