The Hijacking of Bitcoin - Brownstone Institute
https://brownstone.org/articles/the-hijacking-of-bitcoin/
Someone in a crypto group I'm part of sent this article yesterday. I stopped reading after this paragraph:
> Lightning works like opening a tab at a bar: you and the bar settle later. It is faster and cheaper for small payments, but it relies on middlemen (called hubs) who hold your money in channels and can see what you are doing. It is not the same as handing someone cash. It adds points where someone else can interfere or shut things down.
When I told him I stopped reading after this uninformed paragraph on the LN, they asked me, _what is LN_? Yet, he based his current negative sentiment on Bitcoin on this article.
This resonates with the article @Darthcoin just posted (
https://stacker.news/items/1452620/r/south_korea_ln). This is what we are up against. Willful and/or accidental misinformation campaigns.
The LN works. People are working on making it better, but it works.
https://stacker.news/items/1452632