Guys, we're really close.

Hey everyone, I've been really encouraged by the content being put out lately about the Lightning Network.

This is not FUD. There are legitimate, yet-unanswered questions about how it works, and how it will work (while staying decentralized) into the future.

A few of those reasons, for quick reference:

• The Lightning Network will allow those with more BTC to accumulate more for doing next to nothing (like banks)
• Economic incentives are already causing the formation of centralized hubs
• The "routing problem" is unsolved
• Any digital asset works just as well in LN as BTC

CryptoTwitter has been relatively quiet, and people are starting to see the reality of social media bots and manipulation from other aspects of society. Bitcoin is closing in on full blocks again, and personally, I'm looking forward to the fireworks. We're not sure what BTC's support is, but it could very well go below 3000 as it becomes entirely a speculative asset.

I've been writing about this for a while now via Twitter and on Eat Sleep Crypto - there are price floors created by adoption in cryptocurrencies. Without commercial transactions, BTC moves exclusively because of speculators. Once they realize they can't fast track transactions on exchanges, they'll lose interest, while payments will move to other coins.

I expect some price volatility across coins once the blocks become full again.

All to say, we're close. People are waking up, and the boulder is about to go over the edge. Content creators (and builders), keep it up. You guys are the best.

Let's keep sharing the truth.

submitted by /u/natehenderson
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source https://www.reddit.com/r/btc/comments/atdnp6/guys_were_really_close/