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by trident5000 1952 days ago
The on chain activity will be rare nerds and major institutions infrequently moving funds.

"why should they use Bitcoin rather than a centralized scheme they all agree on?" because customers decide what they want to own and they dont seem to like the fed printing non-stop thing they keep doing.

LN will be for the rare nerds actually using the chain as payment and want cheap, instant, frequent transactions but on chain settlement periodically just as an institution would.