RE: Is Bitcoin Development Dead? by bil.prag

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Viewing a response to: @thedessertlinux/is-bitcoin-development-dead-7v8

crypto · @bil.prag · Oct 21 '24

$0.04

To be honest i don't know a lot about bitcoin development. Only thing i do sometimes use is Lighting network in podcasting apps. And that is only by sending some HBD through V4V to an podcasting app for tips. Looks like podcasts are one of the rare ones using it a lot.

Brianoflondon (he works on v4v) talked how Lightning will never be for everyday users as non custodial option for few years now. And in the end it will end up centralized by few big institutions running custodial wallets.
And from my limited understanding of how Lighting works, it makes sense that everyday crypto people will never run a node and maybe just use the service.

👍 shortsegments, thedessertlinux

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@thedessertlinux · Oct 21 '24

$0.09

@thedessertlinux "Brian's right. I had a long chat with him at HiveF..."

Brian's right. I had a long chat with him at HiveFest. Lightning is basically a centralized settlement layer.

It's easier than ever to use, and live off of, crypto in a completely decentralized, noncustodial way. But it's harder and harder on Bitcoin.

👍 bil.prag, shortsegments

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@bil.prag · Oct 21 '24

$0.04

the ATM to cash you mentioned would probably be an option for me if i actually earned crypto :) 

maybe it is a good thing that lightning is not so good. convenience would make people happy to use centralized systems.

👍 shortsegments, thedessertlinux

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@shortsegments · Oct 22 '24

$0.03

@shortsegments "Good point, convenience is a trap, we all have ste..."

Good point, convenience is a trap, we all have stepped into before

👍 bil.prag

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@thedessertlinux · Oct 21 '24

$0.03

@thedessertlinux "See if any near you sell: https://coinatmradar.com..."

See if any near you sell:
https://coinatmradar.com/

👍 bil.prag

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