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Where do you actually use lightning? Does it work for you most of the time?

Well I've actually paid for street food using lightning, and also use it regularly it to send money to my family using Strike. It's instant and practically free.

So FedNow instant payments? If one has to choose between central finance with regulations, protections, and recourse and cryptofolks running DeFI with zero recourse, which is a financial participant more likely to choose?

https://www.frbservices.org/financial-services/fednow/about....

Just imagine you're not in your cushy first world country and that question answers itself.

Sure, crypto might be useful in a few backwater or failing nation states. In all other situations, it’s a dumpster fire being put forth as a solution when there are other superior options.

China, the US, or Europe could even offer digital wallets to individuals in those countries if they could get KYC worked out. Venezuelans use USD via Zelle for example, not crypto.

https://www.coindesk.com/markets/2020/06/16/venezuela-is-a-t...

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