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Lighting Network May Not Solve Bitcoin's Scaling 'Trilemma' by cryptospnthrift

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· @cryptospnthrift ·
Lighting Network May Not Solve Bitcoin's Scaling 'Trilemma'
https://youtu.be/73tkvifa1nU
News
<b>New Bill in Colorado Encourages State to Adopt Blockchain for Data Security</b>
https://www.coindesk.com/colorado-new-bill-encourages-state-to-adopt-blockchain-for-data-security/

<b>Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding </b>
https://www.cnbc.com/2018/01/18/french-cryptocurrency-wallet-maker-ledger-raises-75-million.html

<b>Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies</b>
https://www.coindesk.com/korean-regulator-investigating-staff-insider-trading-of-cryptocurrencies/

<b>Russian Tourist 4 Million Baht in Bitcoin to Fake Interpol Officials</b>
https://www.newsbtc.com/2018/01/18/russian-tourists-lost-4-million-baht-bitcoin-fake-interpol-officials/

<b>Trace Mayer: Bitcoin May Hit ‘Significantly Overvalued’ $115k in 2018</b>
http://bitcoinist.com/trace-mayer-bitcoin-115k-2018/

<b> “Bitcoin Laundering’ Study: Where Do Criminals Turn to Mask Illicit Cryptoassets</b>
https://bitcoinmagazine.com/articles/bitcoin-laundering-study-where-do-criminals-turn-mask-illicit-cryptoassets/

<b>New Study Finds Less Than 1% of Bitcoin Transactions To Exchanges Are Illicit</b> 
https://bitcoinist.com/study-identifies-less-than-1-of-bitcoin-transactions-to-exchanges-are-illicit/

<b>Ledger-to-Ledger? Hardware Wallet Integrates with Decentralized Exchange</b>
https://www.coinspeaker.com/2018/01/19/hardware-wallet-ledger-integrates-decentralized-exchange-radar-relay/

<b>NYSE Parent Company Launches Cryptocurrency Data Feed</b>
https://www.coinspeaker.com/2018/01/19/nyse-parent-company-ice-blockstream-launch-consolidated-data-feed-cryptocurrencies/

<b>IMF Urges Global Cooperation on Crypto: Sees Both Benefits and Risks</b>
https://www.financemagnates.com/cryptocurrency/news/imf-urges-global-cooperation-crypto-sees-benefits-risks/

<b>PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders</b>
https://www.coindesk.com/pboc-reportedly-orders-payment-services-to-stop-serving-crypto-traders/

<b>US Treasury Warns Investors About Petro “Cryptocurrency”</b>
https://themerkle.com/us-treasury-warns-investors-about-petro-cryptocurrency/

<b>Switzerland Wants a Crypto-Nation, France and Germany Want Regulation</b>
https://bitcoinist.com/switzerland-wants-crypto-nation-france-germany-want-regulation/

<b>Lightning Network Is Happening First Physical Item Purchased on LN</b>
http://bitcoinist.com/lightning-network-happening-first-physical-item-purchased-ln/

<b>Lighting Network May Not Solve Bitcoin’s Scaling ‘Trilemma’</b>
https://www.coindesk.com/lightning-network-may-not-solve-bitcoins-scaling-trilemma/

<b>South Korean Exchanges Are Barring Foreign Residents From Trading</b>
https://bitcoinist.com/south-korean-exchanges-are-barring-foreign-residents-from-trading/

<b>Public Blockchains’ Lure Will Become Irresistible for Enterprises in 2018</b>
https://www.coindesk.com/public-blockchains-lure-will-become-irresistible-enterprises-2018/


Axed List
Nearly 2M South Koreans Used Mobile Crypto Apps Last Week- Despite all the legal ambiguity going on in Korea, popularity isn’t waning. Only about 1% of the amount of Korean users were on these mobile apps a few months ago. This isn’t even including normal interactions on computers. Crypto popularity has been cemented in Korea
https://themerkle.com/nearly-2m-south-koreans-used-mobile-crypto-apps-last-week/

Kaspersky Labs Co-Founder Says Bitcoin Created by American Intelligence Agencies- A ridiculous claim. Considering the hostility of the American government and the auctions of seized coins I doubt it. Couple that with the fact that so little transactions pass through illicit means and it seems dumb to assert an intelligence agency created it. Satoshi could be a group of people and her claim that smartphones spy on the user is sound. Her only valid assertion was about smartphones since the other two have 0 way of being proven right or wrong anytime soon.
https://bitcoinist.com/kaspersky-labs-co-founder-says-bitcoin-created-american-intelligence-agencies/

Judgement Day! Conspiracy Group Claims Bitcoin Created by Rogue AI- I like this one better. It is even more impossible, but would be way cooler if true. An AI using Bitcoin to expand its processing capabilities is ingenious. The sci fi lover in me wishes it was real.
https://bitcoinist.com/judgment-day-conspiracy-group-claims-bitcoin-created-by-rogue-ai/
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@nosim ·
Thanks for your creative analysis
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