bitcoin is stuck and cannot move past these things without adding new opcodes. there are people working on this but there are also obstructionists screeching at them constantly, so nothing happens.

I cannot believe after 15 years of this shit I have to explain to some moron wearing a guy fawkes mask why bitcoin should not be centralized. you must be part of an astroturfing campaign.

lightning only works at scale when it's centralized. this has been explained by many people many times. it's your responsibility to figure out how your own wallet works before calling other people malicious and stupid.

also goes to show most of the "lightning just werks I use it erryday 😜" people are fucking clueless and have absolutely no idea how their own wallets work or how much centralization they implicitly tolerate

spark is fucking creepy but they were geniuses at making their product invisible inside of "lightning wallets" so nobody knows what they are doing or what it is. they are the stealthiest centralized lightning company.

lightning can't scale without centralized entities. it's 100% a waste of time. people have been trying to make you understand this for 8 years. arkade and spark too. btcpayserver won't save you from anything. you won't be able to make anything better without a consensus change.

I don't actually get any enjoyment out of crossing my arms and saying "they're both wrong." it makes me feel like a knob and it doesn't make anyone change their mind

centralized stablecoins are not at all worse than centralized bitcoin IOUs

vlad had a guest on his show who suggested that the people who are pushing for this stuff are doing some kind of social obstructionism. they deliberately pollute the space with extremely unproductive ideas so that nothing will happen. they wear vaguely libertarian beliefs as a skinsuit so they can blend in, and they convince the lowest common denominator to start screeching on command before anything can happen. I am slowly becoming a schizophrenic lunatic about this because I keep extending the idea to suggest it's all just a bunch of cover for centralized bank-like entities to control the whole thing. it really is all just astroturfed. it's not supposed to make any sense. I think the only way out is to make simple activation clients for simple, safe opcodes that enable us to have something other than the lying notwork, and try to sell it directly to miners. the miners need fee revenue. all the fee revenue is going to ethereum and centralized L2s. wbtc on ethereum is many, many times bigger than lightning and it's getting almost all the fee revenue.

the monumentally stupid idea that downgrading from 3.5" floppy disks to 5.25" floppy disks, in the year of our lord 2026, will save us from mining centralization and just how fucking centralized do you want the lying notwork to be??

^^ bot post

yes, it's very neat. but they are using the liquid network. it's a fake sidechain, and L-BTC is categorically an altcoin. they have it all over their page that they don't touch shitcoins, but it's a lie. I wish the person I replied to didn't accidentally poison the well by mentioning loans. they don't deal in loans, but they are still involved with something extremely stupid.

they run an aqua wallet clone, a CEX, and some institutional custody services, but not loans