[rvz]

None of the mentioned coins / solutions: Bitcoin, Bitcoin Cash, Lightning Network, Ethereum, Layer 2 solutions are even close to being a credible alternative to the Visa-Mastercard duopoly. (Also, Lightning is not Bitcoin)

No business wants to use a volatile asset that loses its value when a person or institution refunds and immediately sells hundreds of thousands of Bitcoin(s) and takes the whole market down with it for payments at scale in the long term.

We have given it years for them to mature and none of them have the safety / security or standardisation compliance required to be credible enough for regular businesses to being using it and I'm sorry it is not early days.

I would say a cryptocurrency / blockchain project that aids or is faster than the current system, complies with regulations, has a trusted and centralized stablecoin on the network like (USDC) and is able to scale whilst allowing cheap payments will also be able to compete with the Visa-Mastercard duopoly.

That is, the ISO 20020 standard and compliant cryptocurrencies which are highly likely to be used for payments (with USDC) in the long term.

[tossl568]

Every lightning channel update is a valid Bitcoin transaction that can be broadcast at any time by either party for final settlement. Lightning is absolutely Bitcoin. You can use the lightning network as very cheap fiat rails if you don't want to deal with Bitcoin or it's volatility. Look at LN/Taro.

[odrekf]

>Lightning is absolutely Bitcoin

A separate network is not Bitcoin. And Bitcoin doesn't require intermediaries. The only network that fits Bitcoin's definition is BCH.

[tossl568]

A layer on top of Bitcoin, which uses Bitcoin transactions that can be broadcast and finally settled at any time is definitely Bitcoin. You can say it fits your subjective definition of Bitcoin until you're blue in the face, nobody uses BCH except people who are scamming or have fell for the scam.

[odrekf]

A layer on top of something is not something, it's something else.

Dude, you need to chill, you ruined BTC for everyone and now you are hostage to your own failed investment. Remember it was supposed to be cash. Accept your loss and stop lying to people, BTC doesn't work as cash, and neither does LN. Find something else to do with your life.

BCH is not as scam, it's cash, it's advertised as cash, and has always worked perfectly as cash.

BTC and LN are false advertisement.

[k__]

I had the impression, only centralized stablecoins had issues in the last crash.

DAI is doing pretty well.