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2024-05-11 14:59:09

Cyph3rp9nk on Nostr: With Liquid introducing USDt and now Lightning Labs doing the same in Lightning ...

With Liquid introducing USDt and now Lightning Labs doing the same in Lightning Netowrk, sooner or later the weight of the law will fall on these networks, Liquid will be the first to fall since it is a federation operated by companies and with transaction obfuscation (confidential transactions) on top of that.

Lightning Network will fall next, screwing the custody nodes first with KYC like Blink that already offer USD and then the LSP operators.

Meanwhile blockchain transactions on the Bitcoin network will go up for shit like ordinals, stamps and runes, which will make the plebs unable to access the Bitcoin network to execute transactions.

Bitcoin will not have a scaling layer and will not be able to reach everyone, meanwhile the masters of the world will laugh, only they will be able to access bitcoin and protect themselves from monetary debasement.

By Nostradamus.
I have always advocated a partial success of bitcoin and it is being fulfilled to the millimeter, bitcoin will only be used by the elite to protect themselves from monetary debasement, the elite will prevent the plebs from being able to buy and use it, and the plebs will applaud.
Author Public Key
npub1lnms53w04qt742qnhxag5d6awy7nz6055flnmjkr6jg39hm86dlq7arrnt