this post was submitted on 27 Jul 2025
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Lightning is generally pretty stupid
You can commit money to a payment channel with a third party to create a private ledger so the third party can perform payments in your name to someone in using their shared channel on their private ledger.
Motherfucker, that’s just a bank and two bank accounts with extra steps.
It's a catch 22 solution. It only allows bitcoin to scale if hardly anyone settles back on the bitcoin network.