Episode LNJ011 - Shinobi Talking about Why Lightning Sucks and Why Nobody Should Use it - a podcast by Chaz

from 2021-01-31T22:10:42.023393

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This is Episode Eleven of the Lightning Junkies podcast. In this episode, we have Shinobi talking about why Lightning sucks and why nobody should use it. This is a trolly title went to exaggerate what I expected Shinobi to talk about. He ends up having a very balanced opinion on Lightning, even possibly seeing it as the future of Lightning. This is 1 of 2 episode series based on being skeptical of Lightning and exploring arguments against it. Stay tuned for next week when we have 2 of 2 of this series.

In this episode, we talk about:

Shinobi's Background

Reasons for getting into Bitcoin

Challenges of Lightning

Transaction Fees Going Up

Exchanges Issue/Liquidity Issue

Arguments Against Lightning

Future of Lightning

Shitcoins/Relevant Features

Channel Constructs

Scaling Bitcoin with L2

Smaller Blocksize

Blocks Transmitted over Radio

Bigger Blocks

Bitcoin vs Shitcoin Memes

Lightning Privacy

Spend or HODL?

Shilling or Naw?

Tipping Point for Adoption

L2 Cold Storage

Favorite Apps

Lightning Darknet Markets

Shinobi's Twitter: https://twitter.com/brian_trollz

Blockdigest's Twitter: https://twitter.com/blockdigest

Sponsor the podcast with Bitcoin on-chain or over the Lightning Network: http://crowdfund.lightningjunkies.net

Tip me on Tippin.me: https://tippin.me/@LNJunkies Tip me on Bottle Pay: https://btl.to/@LNJunkies Pay the episode on LNCast: LNCast.com If you wish to contribute in fiat, you can use the Anchor.fm subscription feature.