I think we are at a point where bitcoin's true success as initially envisioned is tightly dependent on lightning network growth.
The ETFs emergence makes bitcoin a digital real estate/gold, which kills 90% of bitcoin potential and makes controlling its price possible. in fact, that can be seen already by the SEC.
The current economic control structure gets most of its power by controlling 'fiat flows' as the parasitic rent seeker way more than 'Fiat issuance'. Bitcoin is not a challenge to the system AT ALL, unless it move without control or surveillance.
take home note is, please run a lightning node and open channels and tell everyone about it by showing how seamless a lightning transaction can be.
RackOn
npub1c4…r4ak5
2024-08-26 08:56:14
Author Public Key
npub1c4evjpnr3rkyv9e2fplx6wezxwu4c4nupq8mrncaq0vu6ughj3tq4r4ak5Published at
2024-08-26 08:56:14Event JSON
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"pubkey": "c572c9066388ec46172a487e6d3b2233b95c567c080fb1cf1d03d9cd71179456",
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"content": "I think we are at a point where bitcoin's true success as initially envisioned is tightly dependent on lightning network growth. \n\nThe ETFs emergence makes bitcoin a digital real estate/gold, which kills 90% of bitcoin potential and makes controlling its price possible. in fact, that can be seen already by the SEC. \n\nThe current economic control structure gets most of its power by controlling 'fiat flows' as the parasitic rent seeker way more than 'Fiat issuance'. Bitcoin is not a challenge to the system AT ALL, unless it move without control or surveillance.\n\ntake home note is, please run a lightning node and open channels and tell everyone about it by showing how seamless a lightning transaction can be. \n\n\n\n\n\n",
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}