Sunday, 11 April 2021

The dollar is on life support, you CANT expect LN transactions to replace it. Banks and Creditcards depend on FIAT currencies to exist. Where we are going there are no banks or credit cards, there are Cryptocurrencies and DEFI.

The dollar is on life support, you CANT expect LN transactions to replace it. Banks and Creditcards depend on FIAT currencies to exist. Where we are going there are no banks or credit cards, there are Cryptocurrencies and DEFI.

https://preview.redd.it/6fta376i0gs61.png?width=786&format=png&auto=webp&s=d6d8e41f0b5871ecd2c8dc8cca7d2cc3d0127a45

Peer to peer cash removes intermediaries like Banks and credit cards, while LN is a bait and switch into custodial wallets (intermediaries).

submitted by /u/estebansaa
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source https://www.reddit.com/r/btc/comments/moh3k2/the_dollar_is_on_life_support_you_cant_expect_ln/

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