[flashdance]

You wouldn't have a self contained lightning channel with every single merchant that has to be settled individually. I'm not sure what makes you think that, as my last post describes why the lightning network has "network" in the name.

I recommend you read the summary on lightning.network.

[beefield]

Ok. I am not sure if I still understand completely, but there is a possibility that that could solve the scalability issues technically.

The issue it does not solve, though, is the volatility.

[flashdance]

Yeah the volatility is a huge problem right now, agreed! There's a lot of greed, too. It reminds me of 2013, but worse.