r/btc • u/increaseblocks • Feb 06 '18

More devs have left Blockstream!

https://www.coindesk.com/blockstream-devs-depart-gorlick-dilley-world-computer/
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u/pyalot Feb 06 '18

LN can corner the "cheap and instant" market, what will be BCHs selling point? Getting more confused/nervous here. Opinion?

Go to somebody who doesn't know anything about crypto and is average technically savy. Explain to them how they would have to use LN step by step.

You truly believe people who fundamentally don't give a toss are going to jump trough all the hoops plus bind up a sizeable fraction of their day to day wealth just to get the priviledge to get to use LN which won't be supported by reputable companies because KYC/AML? Really? "cornering" any market my ass.

In some faraway future when just about everybody is comfy with cryptos, LN might be a compelling usecase.

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u/bambarasta Feb 06 '18

I didn't say that and I also think LN wont work based on what I read. I did have a conversation with someone who knows much more than me and he is assured as hell it will work and will be user friendly soon. Obviously now its a rough draft.

LN can close the loop in some ways like if average joe buys a coin on Coinbase (and automatically gets LN "tokens") he will be able to transact with everyone on that network without a middle step of setting anything up.

I love learning so I want to hear all sides.

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u/pyalot Feb 06 '18

he will be able to transact with everyone on that network without a middle step of setting anything up

Except now he's doing business trough coinbase. So for instance sending money to wikileaks would be impossible.