[CallMeJim]

So you're against the lightning network because it can't be scaled infinitely?

The overall system is just software, and it can be improved.

L1 is capable of 4.6 transactions per second.

L2 is capable of 25 million per second currently.

L3 will be in existence long before getting a channel to every human on Earth becomes a problem (please note that this is something the traditional financial system has also failed to do, despite hundreds of years and legislative support).

[arcticbull]

I’m against it because it’s physically impossible to sign up people in any quantity and doesn’t offer the same guarantees as the L1. We can talk about an L3 when there is one.

I've not even got anything against LN per se, what I'm pushing back on is the marketing that it's some sort of panacea, that it makes BTC a viable payment mechanism, or even that its particularly interesting.