Why Nostr? What is Njump?
2025-05-05 13:45:14
in reply to

SaberhagenTheNameless on Nostr: No, my counter argument is it's being used in one of the most adversarial ...

No, my counter argument is it's being used in one of the most adversarial environments and free markets on the planet. Every white market transaction is permissioned - which goes against the entire point of Bitcoin.
And the irony that you're parroting the same thing as legacy media and tradfi did about Bitcoin.

How much of that almighty volume is made through permissioned white market exchanges and kept there? Sounds like tradfi with extra steps.

LN is cool for smaller transactions, but how much volume can it do? Even if the hacker did everything properly to remain private on LN, it wouldn't be possible to push that much money into it on any sane timescale. And even if you somehow could, you wouldn't want to hold that much money on Lightning anyway.
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rn