https://www.zerohedge.com/crypto/fed-down
The Fed Is 'Down' Tyler Durden's Photo BY TYLER DURDEN WEDNESDAY, FEB 24, 2021 - 13:21 It appears that The Fed is "down" as all FRB Servcies are currently offline including ACH and FedWire...
Translation: the official establishment-sanctioned method of transferring money in America is currently
Big blocks are the fundamentals of Bitcoin. The current iteration of Bitcoin is a joke.
Personally I prefer big blocks and on-chain transactions only too.
LN is super complicated and that thus not instill confidence.
Agreed, however, the network - miners, nodes, exchanges, users - has chosen (yes because bitcoin core shilling was stronger) segwit. I can live with that. It's still much preferable to any non-cryptocurrency form of money.
LN doesn't even work well. It's convoluted and will only work for institutions.
The 'market' didn't choose, the market was manipulated. Idk if you were around for the scaling debate in 2015-2016 but it was absolutely identical in tactics to what we saw in the 2016 election. Taking over of forums, buying out mods, mass censorship, smears, astroturfing and forum sliding... the tactics were clearly all figured out at that point and people with infinite money wanted to fuck Bitcoin. And they did.
XMR exists, as do a bunch of other projects that aren't a total fucking corrupted joke.
Why does LN work only for institutions? Because you need to be famous enough for people to make connections to your hub?
XMR is fine too. You can keep using your BCH. Kinda worked out in the end didn't it. However, gab accepts BTC only for example, and I have no problem with it.
Is Bitcoin ABC result of those tactics as well?