Agree to disagree on privacy being necessary for currency. It's nice and preferable, but not required to be functional. Blockchain analytics is probabilistic anyway, not an exact science. Chainanlysis won't even reveal their methods in the various court cases where they were challenged to do so.
Agree to disagree on privacy being necessary for currency. It's nice and preferable, but not required to be functional. Blockchain analytics is probabilistic anyway, not an exact science. Chainanlysis won't even reveal their methods in the various court cases where they were challenged to do so.
The fact that you haven't seen Layer 2 payment solutions on websites doesn't mean they don't exist and are not becoming more common. That says more about your exposure to the technology and the products/services/websites you use (or the bubble your'e confined to) than it does about the adoption of the technology. I use Lightning to stream satoshis directly to podcasters for every minute I listen, using podcasting 2.0 apps like Fountain. I used it to buy books, coffee, Bitcoin hardware wallets, online subscriptions, gift cards and a small personal server device.
This feels a lot like Paul Krugman poo-pooing the Internet in 90s. It's understandable if one is not actively keeping up with and using the technology, but it doesn't make it true.
As far as chain analysis goes I would not expect past court cases to predict the outcomes of future ones in this case.
I use layer 2s on Ethereum all the time, just only for cryptocurrency related tasks. I think just about everyone knows about Bitcoin at this point, but if I were to ask any of my millennial aged friends if they have used lightning, or even know what it is, they would look at me like I have two heads. To turn it around on you, I think your experience using lightning says more about the bubble your in than mine does about me.
And saying I sound like Paul Krugman??? Ouch. Krugman would have been correct if he had limited his analysis to the era of the open internet. After 2000 the feds started working with tech companies to slowly manage and direct the internet. With Wall Street moving in I fear the same will happen with Bitcoin going forward.
Agree to disagree on privacy being necessary for currency. It's nice and preferable, but not required to be functional. Blockchain analytics is probabilistic anyway, not an exact science. Chainanlysis won't even reveal their methods in the various court cases where they were challenged to do so.
The fact that you haven't seen Layer 2 payment solutions on websites doesn't mean they don't exist and are not becoming more common. That says more about your exposure to the technology and the products/services/websites you use (or the bubble your'e confined to) than it does about the adoption of the technology. I use Lightning to stream satoshis directly to podcasters for every minute I listen, using podcasting 2.0 apps like Fountain. I used it to buy books, coffee, Bitcoin hardware wallets, online subscriptions, gift cards and a small personal server device.
This feels a lot like Paul Krugman poo-pooing the Internet in 90s. It's understandable if one is not actively keeping up with and using the technology, but it doesn't make it true.
As far as chain analysis goes I would not expect past court cases to predict the outcomes of future ones in this case.
I use layer 2s on Ethereum all the time, just only for cryptocurrency related tasks. I think just about everyone knows about Bitcoin at this point, but if I were to ask any of my millennial aged friends if they have used lightning, or even know what it is, they would look at me like I have two heads. To turn it around on you, I think your experience using lightning says more about the bubble your in than mine does about me.
And saying I sound like Paul Krugman??? Ouch. Krugman would have been correct if he had limited his analysis to the era of the open internet. After 2000 the feds started working with tech companies to slowly manage and direct the internet. With Wall Street moving in I fear the same will happen with Bitcoin going forward.
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