Hacker News new | ask | show | jobs
by kobieps 323 days ago
It uses bitcoin lightning, are you referring to that?
2 comments

You mean the not-bitcoin bolt-on that pretty much mandates using a 3rd party wallet to ensure always online status and has been bleeding capacity for the last few years?

It would be a travesty if society decides bitcoin is the defacto payment crypto, in part because you need to use a totally separate service in order to reasonably send bitcoin.

> It would be a travesty if society decides bitcoin is the defacto payment crypto, in part because you need to use a totally separate service in order to reasonably send bitcoin.

Agree completely. Was a fan of Bitcoin Cash when it split off in 2017! Better to have things on-chain.

Bitcoin (BTC) doesn't work at all for payments less than $100 (as by design) and so adding a second layer on to that only makes it MORE expensive, not less.

Like saying I can't afford my credit card fees so I'll just take a cash advance on my credit card, put the money in a bank account, then use a debit card for transactions. It makes no sense and would only work to trick a moron that doensn't understand how the system works.

Bitcoin (now called Bitcoin Cash) solved the problem 10+ years ago, then Blockstream hijacked the BTC GitHub repo and injected the SegWit and RBF code that killed the project.