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Author Topic: Dude buys sandwich with Lightning Network  (Read 338 times)
sakahayang
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October 01, 2018, 03:12:45 PM
 #41

This is the reason why Bitcoin will not collapse and this is the reason for the country that should not ban Bitcoin because it would be detrimental to its own country. Restaurants in Switzerland have tried to attract foreign tourists to visit their country and of course what they will benefit is their own country.
I think other countries must be like a Swiss country that can accept Bitocin for the growth of its own country. for example with the payment of lightning networks for goods and services, which was carried out by the restaurant.
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October 02, 2018, 01:58:13 AM
 #42

https://www.youtube.com/watch?v=ZlyPNABZtHk

The first demonstrations of real Lightning Network payments for real goods and services are already there and we are still in beta phase. You can already go buy a (rather expensive) sandwich if you are lucky enough to live in Switzerland.

We are at year 0 of LN, imagine things in 5 to 10 years. We can meet in Switzerland by then when 1 BTC will buy us millions of sandwitches, and if other governments are jackasses enough to have banned Bitcoin, you already know in Switzerland there will be a Bitcoin-friendly haven for all of us to happily pay taxes there instead of being treated like criminals.

Lightning network is really good because it can process transactions faster than just using bitcoin.
If lightning network developers keep developing the network, i believe it will have a good scalability in the future.

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October 02, 2018, 02:27:40 AM
 #43

I hope someone will save the video and re-upload it again in the next 10 years. Because we know there was someone who bought pizza with a lot of bitcoin. And I hope LN will be a supporter of bitcoin so crypto always lives.

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October 02, 2018, 02:28:26 AM
 #44

I like hearing news like this because most likely news like this will strengthen and improve the price of bitcoin in various markets along with the increasing trust of people to use bitcoin especially with the new network that might overcome some of the main problems with the bitcoin transaction process.
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October 02, 2018, 06:04:49 AM
 #45

Technically maybe yes, the Lightning Network works like a payment system of "IOUs". But of "IOUs" you have full control over, and a network that scales Bitcoin immensely more that will never be done on-chain.

Sorry franky1, development of Lightning is ongoing, and the network nodes, and users are increasing.

nothing against the LN continuing. but the constant advertising that its a bitcoin feature or bitcoins solution. while the devs and other less secure network promoters keep saying bitcoin cant scale and LN is needed.. is the issue.

I appreciate the honesty. But please take the gaslighting one step down.

Plus I agree that the Lightning Network is a software experiment that could fail. But give it a chance. The developers are trying their best on it.

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LN should be thought of as what it really is. a separate network for multiple coins. that uses its own token of 12 decimals and a second party to co-authorise payments in channel payments, AND requiring the other parties in other channels along routes.. AND the destination to be all online to allow a payment of these 12 decimal tokens to occur faster than a bitcoin transaction would to random people.

Gaslighting, https://en.m.wikipedia.org/wiki/Gaslighting

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but hey. lets hear the typical reply from other network advertisers. "if you dont like it F**k off" to another network

Everyone is free to criticize, but not to the point of gaslighting.

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