The thing I don't get about crypto, please explain.
This is the thing I don't get about crypto many vidiobloggers praise. "Trad money could be printed into infinity and lose all their value cause inflation, while crypto has a finite number of coins". Well cool but if we can split that coin into an infinite fraction of a coin and still be able to make transactions with them - isn't it the same thing. What am I misunderstanding here?
Bitcoin Optech Newsletter #220
This week’s newsletter describes a proposal for new opt-in transaction relay rules and summarizes research into helping LN channels stay balanced. Also included are our regular sections listing new software releases and release candidates plus notable changes to popular Bitcoin infrastructure projects.
This new statistic about ~10% of all Bitcoin transactions occurring via LN got me permanently banned in r/btc.
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4 Ways To Use Your Bolt Card - The Bitcoin Manual
The Lightning Network (LN) continues to push consumer payments forward; it feels like the critique, bitcoin isn’t money because I can’t buy coffee with it, has become somewhat of a “challenge accepted” moment, and while the achievement has been unlocked, detractors are still not happy. Previously bitcoin merchants only needed to generate a QR code […]