LIVE: President Trump Delivers Remarks at Bitcoin Conference in Nashville
(rumble.com)
₿ DECENTRALIZE THE FROG 🐸
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If you actually look into how LN works, it's essentially a fractional reserve banking system that overlays the BTC layer 1 network which enables all the same problems of the legacy financial system that Bitcoin originally solved.
The way they want LN to work is a pipe dream though. It has so many technical problems like channel liquidity and adds so many layers of complexity that makes it so you HAVE to use custodial services unless you want to run your own infrastructure which basically requires a computer science degree. It also introduces risks such as:
There's more but like I said it gets really complicated. I've been using crypto since 2016 and I don't want to touch LN with a 100-foot pole.