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CD28: el salvador, china, and bitcoin with @gladstein

Citadel Dispatch

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Are You Worried About Lightning Network Buckling Under the Pressure?

I think we're not ready right now. I've been expecting high fees on chain fees. Been wrong about that. But every time you hit the chain, you're talking a relatively high fee. You know, and in these cases, if we're talking $5, $10, that could be a very big deal for them. So what I see happening is kind of custodial solutions popping up. We have this Golloy money, this Bitcoin beach wallet, which is no KYC controlled by the community. And there's no like scaling issue because they're all their own instance,. It's it's batch transactions, right? so you can have 20,000 40,000

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