Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Kakmakr on January 15, 2018, 05:56:24 AM



Title: Will the Lightning Network come too late?
Post by: Kakmakr on January 15, 2018, 05:56:24 AM
Bitcoin has seen it's fair share of challenges over the last couple of years and scaling problems are nothing new, but we always had the backing of a large merchant network that supported Bitcoin. Lately this merchant network are being infiltrated by the competition and they are getting the jump on Bitcoin. <getting their foot in the door>

The current scaling problems would have been a non-issue, if we had little or no competition, but things have changed and a lot of rich people and organizations and even Banks are dumping a lot of money into the marketing of their Alt coins now. < Ripple & Ethereum & Bitcoin Cash, to name a few >

The delay in the implementation of SegWit & Lightning Network by merchants are stalling Bitcoin adoption & chasing first time users away. <because they get a bad first impression/experience>

Bitcoin supporters should aggressively push for SegWit & Lightning Network implementation to stop a situation where we lose too much market share to these competitors.