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when you realize this author makes money from shitcoin content: https://news.bitcoin.com/author/jonald/ https://news.bitcoin.com/author/jonald/ drink the kool

when you realize this author makes money from shitcoin content: https://news.bitcoin.com/author/jonald/ https://news.bitcoin.com/author/jonald/ drink the kool-aid , rather than trying the software itself. good luck

whoisninja 5y ago
fyi before downvoting: this article's author works at bitcoin.com which is run by Bitcoin-cash people, it was an attack on Bitcoin that failed read the book: the blocksize wars
- 988747 5y ago
  It is a logical fallacy to focus on who the author is. You either can point out where the error in his reasoning is, or not. Because it sounded pretty convincing to me: to participate in routing a payment you need to have at least the paid amount tied in the lightning network, which favors people with a lot of spare cash, who can have more channels open, and process more payments.
  - danlugo92 5y ago
    No, this is FUD. Most people will only open one channel ever in their lifetime. Your scenario is correct only if you will only send, most people won't, most people will first receive (get paid) then send. Say someone wants in, he opens a $20 channel, maybe he wants to pay for some small stuf at first so $20 will do. But then this person will get paid for his work, say $1k.. his channel isn't constrained to those first $20, this channel is now "widened" to $1k.
    - defaultprimate 5y ago
      Ok now show the mathematical proof or demonstrate the error in his. Everything that doesn't carry the coiner narrative of "number go up" is FUD
      - danlugo92 5y ago
        Mathematical proof? This is code we're talking about. I don't have to show mathematical proof, but in fact, the code is open source, so you can go and see for yourself what I said is true and immutable.
        defaultprimate 5y ago
        If what you described is true (it isn't), what allows the person to only open one channel?
defaultprimate 5y ago
Do you have a rebuttal of any substance or just personal attacks on the author? The irony of a bitcoiner accusing someone else of drinking the Kool aid. Lots of people participated and made money in Madoff's scheme for decades too.
- kayamon 5y ago
  https://murchandamus.medium.com/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a https://murchandamus.medium.com/i-have-just-read-jonald-fyoo...
  - defaultprimate 5y ago
    You'll notice that he refuses to address any aspect of the and doesn't understand graph theory as much as he's pretending to, as noted in the top comment on the post.

whoisninja 5y ago

fyi before downvoting: this article's author works at bitcoin.com which is run by Bitcoin-cash people, it was an attack on Bitcoin that failed read the book: the blocksize wars

988747 5y ago
It is a logical fallacy to focus on who the author is. You either can point out where the error in his reasoning is, or not. Because it sounded pretty convincing to me: to participate in routing a payment you need to have at least the paid amount tied in the lightning network, which favors people with a lot of spare cash, who can have more channels open, and process more payments.
- danlugo92 5y ago
  No, this is FUD. Most people will only open one channel ever in their lifetime. Your scenario is correct only if you will only send, most people won't, most people will first receive (get paid) then send. Say someone wants in, he opens a $20 channel, maybe he wants to pay for some small stuf at first so $20 will do. But then this person will get paid for his work, say $1k.. his channel isn't constrained to those first $20, this channel is now "widened" to $1k.
  - defaultprimate 5y ago
    Ok now show the mathematical proof or demonstrate the error in his. Everything that doesn't carry the coiner narrative of "number go up" is FUD
    - danlugo92 5y ago
      Mathematical proof? This is code we're talking about. I don't have to show mathematical proof, but in fact, the code is open source, so you can go and see for yourself what I said is true and immutable.
      - defaultprimate 5y ago
        If what you described is true (it isn't), what allows the person to only open one channel?

defaultprimate 5y ago

Do you have a rebuttal of any substance or just personal attacks on the author? The irony of a bitcoiner accusing someone else of drinking the Kool aid. Lots of people participated and made money in Madoff's scheme for decades too.

kayamon 5y ago
https://murchandamus.medium.com/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a https://murchandamus.medium.com/i-have-just-read-jonald-fyoo...
- defaultprimate 5y ago
  You'll notice that he refuses to address any aspect of the and doesn't understand graph theory as much as he's pretending to, as noted in the top comment on the post.