dr.fred on Nostr: lightning is NOT bitcoin. lightning is a seperate network, a centralized layer on top ...

lightning is NOT bitcoin.
lightning is a seperate network, a centralized layer on top of bitcoin.

the billionaires operating lightning want you to think that it is bitcoin. michael saylor, the ex twitter guy, caty wood all pushing lightning making it look like bitcoin.

last year i opened an umbrel node, wrote down the seed and funded it. the computer crashed and i installed a new distro. with bitcoin this would not create any problem. you put the seed words into any bitcoin app and voila your funds are restored no matter what hardware or what software you use. that is what i thought when i used umbrel.

but this does not work with lightning. you put in your seed words into umbrel and it restores your node. but it does not restore your channels. now they have a backup of your channels integrated into umbrel but this does not seem to work when you close the channel before the money arrives onchain. they have bugs in their system. it is broken causing customers to lose funds.

last year i went to the umbrel forum asking for help to retrieve my funds. one programmer there told me that i had done everything wrong and everything was my fault.
this is a typical reaction of bad programmer who develop a faulty system. accusing the user, the customer , if it does not work or if it is made too complicated to use.
i have not done anything wrong. i have installed umbrel, opened a channel and funded it. i was aware that umbrel is experimental and they even tell you that you can lose your funds.

be very careful. lightning is not bitcoin. you can lose your funds easily