neb_b

You are wrong about lightning. You can use a third party custodian, but it's possible to control the keys to your bitcoin locked up in lightning channels. At any point you can "withdraw" your bitcoin back to the main chain.

I think you are confusing the lightning network with liquid BTC [0], which is controlled by Blockstream.

[0] https://help.blockstream.com/hc/en-us/articles/900001408623-...

As long as bitcoin exists, the battle is not lost.

Just finished building the first version of dono.at. It's built with the Streamlabs API and the Strike lightning API.

You can view the code here: https://github.com/neb-b/dono.at

the president of el salvadors response

https://twitter.com/nayibbukele/status/1483194959989719059

> BREAKING: EL SALVADOR DGAF

Your transactions/second number ignores the lightning network

Yes, you can send funds from Chivo wallet to any bitcoin wallet (or the other way around)

fast and low cost remittance is a pretty good use case

The lightning network is getting more popular. More people are using that for smaller transactions

Sure, but that doesn't mean the majority of the network will switch to using that new fork.

Also instagram and messenger

Confusing sentence. It could be rewritten as

"Strike works in El Salvador and all US states except New York and Hawaii"

This link leads to a 404

That's not true

That's anecdotal. I know many people that use bitcoin every day.

Bitcoin is much more useful (currently) to people that don't have access to traditional banking systems that many people take for granted.

You are lucky that you had access to those services. In many poor countries the majority of citizens do not have a bank account.

Even if international banks created these services (why haven't they done more of this already if it's easy?) these people would not be able to access it.

How so?

Bitcoin onchain payments are still faster and cheaper than using something like Western Union.

The lightning network is even faster and cheaper than that.

https://twitter.com/jackmallers/status/1428429890957848591

(tweet text, also includes a video and some more info) "With @Bitnob_official's Lightning Network integration, we now have free, instant, non-reversible remittances of any size to and from the United States, Nigeria, and Ghana.

$10 in my US bank account became spendable NGN for @bernard_parah in seconds.

Monetary history."

Do you have a source for that?

Also, thank you for providing fast and cheap remittance payments to poorer countries.

The people that need it won't sell. Bitcoin is most useful in countries already living under authoritarian rule with no access to traditional banking.

If they shut those down you can still purchase through decentralized exchanges. https://bisq.network/

Those people are lucky to live in country with good fintech plumbing. Many poorer countries do not have that, and the citizens don't even have bank accounts.

What about cross-border payments to family members living in a different country?

Do you have a source for that?

> It’s principally used to facilitate graft and sanctions/tax evasion by these countries’ elites.

It's quite a leap to say crypto is "principally used" for that. Bitcoin is seeing adoption for remittance payments in the poorest countries in our world.

Crypto is also allowing people to donate to activists in countries that deem these people "extremist groups" [0]

[0] https://www.reuters.com/world/europe/navalny-ally-urges-dono...

It also helps citizens in authoritarian regimes transfer money in a way that can't be stopped.

Not sure why the title is getting cut off. The title of the blog post is:

"Introducing Soundmojis on Messenger for Emoji Day" (I removed the emojis)

Bitcoin privacy tools are improving. Its possible to "mix" your coins using CoinJoin which masks your spending history.

There is still active development, but https://strike.me uses the lightning network. There are several other apps built on top of the lightning network.

I use the lightning network almost every day listening to podcasts with the Breeze app https://breez.technology/

Sure it's seizable, but it can be much harder (impossible?) to seize if the owner knows what they are doing.