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by talldayo 568 days ago
The fact that Bitcoin's blockchain is unusable without unofficial, unreliable and slow L2 chains is kinda evidence that it doesn't have much potential left. If you're a serious country considering using Bitcoin, why even use Lightning at all when you could use a fundamentally better-designed currency? Why invest in Bitcoin if it's already breaking?
1 comments

It is only unusable for small transfers. Considering it is at only 10% of the Gold market cap - which is even more unusable for small transfers - I think it would even have a lot of potential left without L2s.

As for Lightning being unreliable and slow - I don't see a technical reason for it to stay this way.

What do you consider a "better-designed currency"?